Central board of RBI reviews economic situation

Mumbai: The central board of the Reserve Bank on Friday reviewed the prevailing economic situation and challenges emanating from geopolitical developments. "The 599th meeting of the Central Board of Directors of Reserve Bank of India (RBI) took place in Kolkata under the chairmanship of Governor Shaktikanta Das," the RBI said in a statement.

RBI Board reviewed current economic situation and global & domestic challenges

"The board in its meeting reviewed the current economic situation, global and domestic challenges, including geopolitical developments, finance and trade," it said. The board also discussed the activities of select central office departments and the draft report on the Trend and Progress of Banking in India, 2021-22.

Worst of inflation behind us though no room for complacency: RBI Governor

All directors of the central board including, Satish K Marathe, Revathy Iyer, Sachin Chaturvedi, Venu Srinivasan, Pankaj Ramanbhai Patel and Ravindra H Dholakia participated in the meeting. Deputy governors Mahesh Kumar Jain, Michael Debabrata Patra, M Rajeshwar Rao, and T Rabi Sankar were also present during the meeting.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)