RBI's Central Board takes stock of current economic situation

RBI's Central Board takes stock of current economic situation

IANSUpdated: Friday, August 13, 2021, 07:19 PM IST
article-image
In its 590th meeting, chaired by Governor Shaktikanta Das, the board reviewed global and domestic challenges facing the country and various areas of operations of the bank/ Representational image | Screengrab/ YouTube

The Reserve Bank of India's (RBI) Central Board met on Friday to take stock of the current economic situation and review the measures taken by the apex bank to mitigate the adverse impact of Covid-19 on the economy.

In its 590th meeting, chaired by Governor Shaktikanta Das and held via video conferencing, the board also reviewed global and domestic challenges facing the country and various areas of operations of the bank.

The Board also reviewed the functioning of the Local Boards.

Deputy Governors Mahesh Kumar Jain, Michael Debabrata Patra, M. Rajeshwar Rao, T. Rabi Sankar and other Directors of the Central Board viz. Satish K. Marathe, S. Gurumurthy, Revathy Iyer, and Sachin Chaturvedi attended the meeting.

Secretary, Financial Services, Debasish Panda, and Secretary, Economic Affairs, Ajay Seth also attended.

RECENT STORIES

KEC International Shares Jump Nearly 5%, ₹1,150-Crore Largest-Ever T&D Order Lifts Stock

KEC International Shares Jump Nearly 5%, ₹1,150-Crore Largest-Ever T&D Order Lifts Stock

Home & Furnishing Company Wakefit Innovation's Shares Make Muted Market Debut Against The Issue...

Home & Furnishing Company Wakefit Innovation's Shares Make Muted Market Debut Against The Issue...

India's 300 Product Push To Russia Holds Potential, Sending Engineering, Pharma, Agri, & Chemicals...

India's 300 Product Push To Russia Holds Potential, Sending Engineering, Pharma, Agri, & Chemicals...

Tamil Nadu's Farm-Gate Egg Prices Climb To A New All-Time High Of ₹6.25 Per Egg

Tamil Nadu's Farm-Gate Egg Prices  Climb To A New All-Time High Of ₹6.25 Per Egg

Corona Remedies Shares Shine On Debut, Investors Gain Over 38% On Listing

Corona Remedies Shares Shine On Debut, Investors Gain Over 38% On Listing