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Date : Jul 07, 2016
RBI’s Central Board meets in Bengaluru

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The meeting of the Central Board of Reserve Bank of India was held on Thursday, July 7, 2016 at Bengaluru. Dr. Raghuram G. Rajan, Governor, Reserve Bank of India, chaired the meeting. The Central Board met in Bengaluru after a span of seven years. Besides Deputy Governors of the Reserve Bank of India Dr. Urjit R. Patel, Shri R. Gandhi, Shri S.S. Mundra and Shri N.S.Vishwanathan, the other Directors of the Central Board present at the meeting were: Dr. Nachiket M. Mor, Prof. Damodar Acharya, Shri Natarajan Chandrasekaran, Shri Bharat N. Doshi and Shri Sudhir Mankad. The meeting was also attended by Government nominee director on the Central Board, Shri Shaktikanta Das, Secretary, Department of Economic Affairs, Ministry of Finance, Government of India.

In the meeting the Central Board discussed, among other issues, macroeconomic developments and two other specific areas of operations of the Reserve Bank of India, namely, the Reserve Bank’s budget and constitution of Monetary Policy Committee. The Board also reviewed the activities of the Board for Payment and Settlement System for the year ended March 2016 and discussed the draft Annual Report for 2015-16.

Alpana Killawala
Principal Adviser

Press Release : 2016-2017/56


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