The Bimal Jalan committee, constituted to assess the optimum size of capital reserves that the RBI should hold, Wednesday finalised its report, sources said.

The six-member panel, under former RBI Governor Jalan was appointed on December 26, 2018, to review the economic capital framework (ECF) for the Reserve Bank of India (RBI) after the finance ministry wanted the central bank to follow global best practices and transfer more surplus to the government.

As per various estimates, the RBI has over Rs 9 lakh crore of surplus capital with it.

According to the sources, Wednesday's was the last meeting as of now and the report has been finalised.

Asked about the quantum of surplus transfer from the RBI to the government, sources said, it cannot be disclosed at the moment but transfer would be periodic and would spread over 3-5 years.