Read more about RBI vs govt: Central Bank would do well to seek autonomy within a framework on Business Standard. There is need for tactical give-and-take: The board should advise in favour of more liquidity in the system, and set up a committee to decide if RBI has surplus reserves to hand over, writes T N Ninan

Govt not seeking transfer of Rs 3.6 lakh crore reserves from Reserve Bank: Garg Govt not seeking transfer of Rs 3.6 lakh crore reserves from Reserve Bank: Garg

‘Only discussing ways to fix appropriate economic capital framework of RBI’

India Business News: "Lot of misinformed speculation is going around in media. Government's fiscal math is completely on track. There is no proposal to ask RBI to transfer

Govt. denies move to appropriate Rs 3.6 lakh crore from RBI reserves

"Lot of misinformed speculation is going around in media. Government's fiscal math is completely on track," says Economic Affairs Secretary Subhash Chandra Garg.

RBI capital reserves norms higher than global benchmark, says government

The government is pressing the Reserve Bank of India (RBI) to transfer at least a third of its Rs 9.6 lakh crore reserve as central bank's official capital reserves norms are higher than global benchmark, according to multiple people familiar with the development.Get latest Business online at cnbctv18.com

There is no proposal from the Indian government to ask the nation's central bank to transfer its surplus reserves, said Subhash Chandra Garg, economic affairs secretary in the finance ministry, in a tweet on Friday.

Govt, RBI in talks on economic capital framework

No proposal to ask RBI to transfer Rs 3.6 or Rs 1 lakh crore, as speculated: Economic affairs secretary Subhash Garg

Govt says not eyeing RBI's surplus, but need to fix capital policy

DEA Secretary Subhash Chandra Garg has ruled out any immediate request for transfer of a part of RBI’s funds. But he said the government is proposing to review and define uses of funds on the central bank’s balance sheet.

Govt not seeking Rs 3.6 lakh crore from RBI: DEA Secretary

Government's fiscal deficit in FY 2013-14 was 5.1 per cent.

Govt not seeking Rs 3.6 lakh crore from RBI, clarifies DEA Secretary SC Garg

Business News – Garg said that the government is discussing ways to fix appropriate economic capital framework of RBI.

Independence and accountability: on RBI Independence and accountability: on RBI

As the RBI’s autonomy is debated, it needs to revisit its exclusive focus on inflation-targeting