RBI Board reviews global, local economic situation

The Reserve Bank of India Board reviewed the global and domestic economic situation and associated challenges including the impact of current global geopolitical developments at its latest meeting held in Indore.

The board meeting, chaired by Governor Shaktikanta Das, was held for the first time after the government released the June-quarter growth numbers. The economy expanded at 7.8%.

The Board reviewed the global and domestic economic situation and associated challenges including the impact of current global geopolitical developments.


Deputy governors Michael Debabrata Patra, M Rajeshwar Rao, T Rabi Sankar, Swaminathan J and other directors of the central board - S Gurumurthy, Revathy Iyer, Sachin Chaturvedi, Anand Mahindra, Pankaj Patel and Ravindra Dholakia attended the meeting. Ajay Seth, secretary,department of economic affairs and Vivek Joshi, secretary, department of financial services also attended the meeting.

The Board also discussed various areas of operations of the Reserve Bank of India including the functioning of local boards and activities of select central office departments.