RBI board reviews economy and liquidity, to hold talks on governance

There was no discussion on PCA in central board meeting

Reserve Bank of India (RBI) Governor Shaktikanta Das chaired his first board meeting on Friday, discussing issues ranging from governance at the central bank to liquidity in the financial system.

The board did not arrive at any decision but held extensive discussions on the governance structure in the RBI and the liquidity situation of non-banking financial companies (NBFCs) — two key areas of concern flagged by the finance ministry recently, sources said.

“Good meeting of the RBI central board. Wide-ranging issues discussed,” Das tweeted.

On the governance framework, the