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  1. RBI Board holds meet in Bengaluru, macro developments in focus

RBI Board holds meet in Bengaluru, macro developments in focus

The Board also reviewed the activities for Payment and Settlement System for the year ended March 2016 and discussed the draft Annual Report for 2015-16. Deputy Governors of the Reserve Bank of India Urjit R Patel, R Gandhi, SS Mundra and NS Vishwanathan were present at the meeting.

By: | Published: July 7, 2016 5:35 PM
The meeting was also attended by Government nominee director on the Central Board, Shaktikanta Das, Secretary, Department of Economic Affairs, Ministry of Finance, Government of India.  (Representational image : Reuters) The meeting was also attended by Government nominee director on the Central Board, Shaktikanta Das, Secretary, Department of Economic Affairs, Ministry of Finance, Government of India. (Representational image : Reuters)

The Central Board of Reserve Bank of India today held a meeting in Bengaluru with RBI Governor Raghuram G Rajan presiding.

The board meeting, which took place after a span of seven years, witnessed discussions among other issues, macroeconomic developments and two other specific areas of operations of the Reserve Bank of India, namely, the Reserve Bank’s budget and constitution of Monetary Policy Committee.

The Board also reviewed the activities for Payment and Settlement System for the year ended March 2016 and discussed the draft Annual Report for 2015-16.  Deputy Governors of the Reserve Bank of India Urjit R Patel, R Gandhi, SS Mundra and NS Vishwanathan were present at the meeting.

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