RBI Board Meeting: The new Governor of Reserve Bank of India, Sanjay Malhotra took information about the condition of banking in the country and the challenges related to development. After becoming the Governor, Sanjay Malhotra attended the Central Board meeting of the Reserve Bank for the first time. This was the 612th meeting of the Central Board of the Reserve Bank. On this occasion, he also reviewed the Report on Trend and Progress of Banking in India, 2023-24. Various aspects related to this were discussed in the board meeting. All the directors of the Central Bank of the Reserve Bank were present in this meeting held in Guwahati under the chairmanship of Sanjay Malhotra.
Also reviewed the global and domestic economic situation
In the Central Board meeting, opportunities and challenges for India in the economic conditions of the world were also specifically discussed. Apart from this, measures to accelerate India’s domestic economic prospects and overcome obstacles were highlighted. On this occasion, the important contribution of Governor Shaktikanta Das to the Reserve Bank was also remembered. Especially the decisions taken and new steps taken during his tenure were praised.
In the presence of which officials the board meeting was held
The works and activities of the Central Office Department of the Reserve Bank were also explained in detail to the Governor. Deputy Governor Michael Debabrata Patra, M Rajeshwar Rao, T Ravi Shankar, J Swaminathan and other directors of the Central Board were present in the meeting. The names of the directors of the Central Board present in the meeting were Satish K Marathe, Revathi Iyer, Prof. Sachin Chaturvedi, Venu Srinivasan and Dr. Ravindra Dholakia.
Nagaraju Madirala, Secretary, Department of Financial Services, Union Finance Ministry also participated in the meeting. The Central Board of the Reserve Bank is an important body. Most policy decisions are taken here. Not only the economic world but also the banking sector and central and state governments have their eyes on this meeting.
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