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

RCB United? Manchester United Owners Make ₹16,300 Crore Bid For Reigning IPL, WPL Champions As...
RCB United? Manchester United Owners Make ₹16,300 Crore Bid For Reigning IPL, WPL Champions As...
India Secures Lowest US Tariffs Among Rivals, Piyush Goyal Says Agri-Dairy Fully Shielded, Zero-Duty...
India Secures Lowest US Tariffs Among Rivals, Piyush Goyal Says Agri-Dairy Fully Shielded, Zero-Duty...
‘Important Day In Journey Towards Viksit Bharat 2047’: Piyush Goyal On India-US Deal, Lists Out...
‘Important Day In Journey Towards Viksit Bharat 2047’: Piyush Goyal On India-US Deal, Lists Out...
Piyush Goyal Hails Historic India-US Trade Breakthrough: Zero-Duty Agri Exports, 18% Tariff Slash,...
Piyush Goyal Hails Historic India-US Trade Breakthrough: Zero-Duty Agri Exports, 18% Tariff Slash,...
Reliance Consumer Enters Australian Market With Majority Stake In Nexba's Parent Company
Reliance Consumer Enters Australian Market With Majority Stake In Nexba's Parent Company