New Delhi: The 15th Finance Commission will meet RBI Governor Shaktikanta Das and representatives of banks and financial institutions during its two-day visit to Mumbai beginning May 8, according to an official statement. The commission, chaired by N K Singh, will discuss issues concerning macro-economics, financial stability and cost of borrowing of the Centre and states with the Reserve Bank. The other issues which are expected to come up during the deliberation include market driven borrowing cost and debt trajectories of states.
The commission will also discuss the issues concerning recapitalisation of banks, and possible scenarios of the Bimal Jalan committee report on surplus capital available with the RBI for transfer to the government, the statement said. It will also discuss RBI’s own assessment of the dividends and surpluses that can be transferred to the government.
