rbi: RBI central board discusses influence of geopolitical crises on Indian financial system

Amid the continued Russia-Ukraine conflict, the Central Board of Administrators of Reserve Financial institution of India on Friday mentioned the general influence of present international geopolitical crises on the Indian financial system. The 594th assembly of the Central Board of Administrators of RBI was held on Friday at Bengaluru beneath the Chairmanship of Governor Shaktikanta Das, the RBI stated in a launch.

“The Board in its assembly reviewed the varied areas of operation of the Financial institution and the present financial scenario, international and home challenges together with the general influence of present international geopolitical crises,” it stated.

Additional, the Board mentioned the Reserve Financial institution’s actions through the present accounting yr 2021-22. The Board additionally accepted the price range for the accounting yr 2022-23.

Deputy Governors Mahesh Kumar Jain, Michael Debabrata Patra, M Rajeshwar Rao, and T Rabi Sankar, attended the assembly.

Different Administrators of the Central Board – Satish Okay Marathe, S Gurumurthy, Revathy Iyer and Sachin Chaturvedi too attended the assembly.

The discharge additional stated Ajay Seth, Secretary, Division of Financial Affairs and Sanjay Malhotra, Secretary, Division of Monetary Companies additionally participated within the assembly.

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