RBI: Know what happened in the first meeting?
The new governor of the Reserve bank, 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 meeting of the Central Board 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 report. 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.
Global and domestic economic situation was also reviewed
The opportunities and challenges for india in the economic conditions of the world were also specially discussed in the meeting of the Central Board. Apart from this, measures to accelerate the pace of 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 during his tenure and the new steps taken were praised.
Which officials were present in the board meeting?
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 Ravishankar, 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 are Satish K Marathe, revathi Iyer, Prof. Sachin Chaturvedi, venu Srinivasan and Dr. ravindra Dholakia. Nagraju 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 the central and state governments keep an eye on this meeting.