Photographs The 559th meeting of the Central Board of the Reserve Bank of India was held on Thursday, August 11, 2016 at Mumbai. Dr. Raghuram G. Rajan, Governor, Reserve Bank of India chaired the meeting. Besides Deputy Governors Dr. Urjit R. Patel, Shri R. Gandhi, Shri S.S. Mundra and Shri N.S. Vishwanathan, the other Directors of the Central Board of the Reserve Bank present at the meeting included Prof. Damodar Acharya, Shri Natarajan Chandrasekaran, Shri Bharat N. Doshi and Shri Sudhir Mankad. The meeting was also attended by Government nominee Director Shri Shaktikanta Das, Secretary, Department of Economic Affairs. Dr. Arvind Subramanian, Chief Economic Adviser also attended the meeting. The Board reviewed the current economic situation, global and domestic challenges and policy responses and other specific areas in the working of the Reserve Bank. The Board also discussed the draft Annual Report of the Reserve Bank for the year 2015-16. The Board approved the transfer of surplus of the Reserve Bank for the year 2015-16 amounting to ₹ 658.76 billion to the Government of India. The amount was ₹ 658.96 billion for the previous year. Alpana Killawala Principal Adviser Press Release : 2016-2017/382 | |