The 606th meeting of the Central Board of Directors of the Reserve Bank of India was held today at New Delhi under the Chairmanship of Shri Shaktikanta Das, Governor.

Smt. Nirmala Sitharaman, Hon’ble Union Minister of Finance and Corporate Affairs, addressed and interacted with the Directors of the Central Board. The Hon’ble Finance Minister highlighted the key thrust areas outlined in the interim Union Budget 2024-25 and the expectations from the financial sector. The Directors complimented the Finance Minister on the Budget and shared their views.

 The Union Finance Minister was accompanied by Shri Pankaj Chaudhary, Hon’ble Minister of State for Finance; Dr. Bhagwat Kishanrao Karad, Hon’ble Minister of State for Finance; Dr. T.V. Somanathan, Finance Secretary and Secretary, Department of Expenditure; Shri Tuhin Kanta Pandey, Secretary, Department of Investment and Public Asset Management; and Dr. V. Anantha Nageswaran, Chief Economic Advisor.

The Board also reviewed the global and domestic economic situation and outlook, including the challenges posed by geopolitical developments and global financial market volatility.

Deputy Governors Dr. Michael Debabrata Patra, Shri M. Rajeshwar Rao, Shri T. Rabi Sankar, Shri Swaminathan J. and other Directors of the Central Board – Shri Satish K. Marathe, Shri S. Gurumurthy, Smt. Revathy Iyer, Prof. Sachin Chaturvedi, Shri Venu Srinivasan, Shri Pankaj Ramanbhai Patel and Dr. Ravindra H. Dholakia – attended the meeting. Dr. Vivek Joshi, Secretary, Department of Financial Services, also attended the meeting.

(Yogesh Dayal)      
Chief General Manager

Press Release: 2023-2024/1864