Reviews current economic situation, global and domestic challenges, matters relating to liquidity and credit delivery to the economy
The Reserve Bank of India's (RBI) Central Board met on 14 December 2018 in Mumbai under the Chairmanship of its newly appointed governor Shaktikanta Das. The RBI board did not announce any major decision, while discussed various important issues.The Board deliberated on the Governance Framework of the Reserve Bank and decided that the matter required further examination.
The Board has also reviewed, inter alia, the current economic situation, global and domestic challenges, matters relating to liquidity and credit delivery to the economy, and issues related to currency management and financial literacy.
The board has further discussed the draft report on Trend and Progress of Banking in India (2017-18).
The Central Board placed on record its appreciation of the valuable services rendered by Dr. Urjit R. Patel during his tenure as Governor and Deputy Governor of the Bank.
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