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.
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.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app