RBI Central Board of Directors Discuss Prevailing Economic Situation in India Due to Global Geopolitical Crises
The Central Board of Directors of Reserve Bank of India on Monday reviewed the current economic situation and challenges being faced by the country due to global geopolitical crises. The 598th meeting of the central board was held under the chairmanship of Governor Shaktikanta Das, the RBI said in a statement.
Mumbai, October 31: The Central Board of Directors of Reserve Bank of India on Monday reviewed the current economic situation and challenges being faced by the country due to global geopolitical crises. The 598th meeting of the central board was held under the chairmanship of Governor Shaktikanta Das, the RBI said in a statement.
"The Board in its meeting reviewed the current economic situation, global and domestic challenges including the overall impact of current global geopolitical crises," it said. Indian Rupee Falls Record Low Against US Dollar: RBI Expended About USD 80 Billion or 15% of Reserves Moderating Rupee Fall.
The board also discussed the functioning of various sub-committees of the central board, ombudsman scheme and activities of select central office departments. RBI Lifts Ban on American Express Onboarding New Customers in India.
Directors of the Central Board -- Satish K Marathe, S Gurumurthy, Revathy Iyer, Sachin Chaturvedi, Venu Srinivasan, Pankaj Ramanbhai Patel and Ravindra H Dholakia -- attended the meeting.
RBI Deputy Governors Mahesh Kumar Jain, Michael Debabrata Patra, Rajeshwar Rao, and T Rabi Sankar, and Ajay Seth, Secretary, Department of Economic Affairs also attended the meeting.
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