FM discussed the Union Budget 2015-16 with the Board members and had interactions with them on various issues.
Finance Minister Arun Jaitley addressed the Central Board of the Reserve Bank of India at its office in New Delhi. He was accompanied by Jayant Sinha, Minister of State, Finance. The meeting was also attended by the Government nominee directors on the Central Board Shri Rajiv Mehrishi, Finance Secretary and Dr. Hasmukh Adhia, Secretary, Department of Financial Services. Aradhana Johri, Secretary (Disinvestment) was also present. The Finance Minister discussed the Union Budget 2015-16 with the Board members and had interactions with them on various issues. He also addressed the press after the meeting.
Besides Dr. Raghuram G. Rajan, Governor of the Reserve Bank, Deputy Governors Harun R. Khan, Dr. Urjit R. Patel, Shri R. Gandhi and Shri S.S. Mundra of the Reserve Bank attended the meeting. The other Directors of the Central Board of the Reserve Bank of India present at the meeting included Shri Y.H. Malegam, Kiran S. Karnik, Dr. Nachiket Mor, Prof. Dipankar Gupta, G. M. Rao, Ms. Ela R. Bhatt, Dr. Indira Rajaraman, Shri Y. C. Deveshwar, and Prof. Damodar Acharya. In the meeting the Board discussed, among others, macroeconomic developments and other specific areas of operations of the Reserve Bank of India.
The Central Board of the Bank meets at least once two months. Apart from holding meetings in Mumbai, Chennai, Kolkata and one in New Delhi after the Union Budget, which is addressed by the Finance Minister, the rest of the meetings are held in other states by rotation. The main function of the Central Board of Directors of the Reserve Bank is to provide overall direction to its affairs.
Finance Minister Arun Jaitley addressed the Central Board of the Reserve Bank of India at its office in New Delhi. He was accompanied by Jayant Sinha, Minister of State, Finance. The meeting was also attended by the Government nominee directors on the Central Board Shri Rajiv Mehrishi, Finance Secretary and Dr. Hasmukh Adhia, Secretary, Department of Financial Services. Aradhana Johri, Secretary (Disinvestment) was also present. The Finance Minister discussed the Union Budget 2015-16 with the Board members and had interactions with them on various issues. He also addressed the press after the meeting.Besides Dr. Raghuram G. Rajan, Governor of the Reserve Bank, Deputy Governors Harun R. Khan, Dr. Urjit R. Patel, Shri R. Gandhi and Shri S.S. Mundra of the Reserve Bank attended the meeting. The other Directors of the Central Board of the Reserve Bank of India present at the meeting included Shri Y.H. Malegam, Kiran S. Karnik, Dr. Nachiket Mor, Prof. Dipankar Gupta, G. M. Rao, Ms. Ela R. Bhatt, Dr. Indira Rajaraman, Shri Y. C. Deveshwar, and Prof. Damodar Acharya. In the meeting the Board discussed, among others, macroeconomic developments and other specific areas of operations of the Reserve Bank of India.
The Central Board of the Bank meets at least once two months. Apart from holding meetings in Mumbai, Chennai, Kolkata and one in New Delhi after the Union Budget, which is addressed by the Finance Minister, the rest of the meetings are held in other states by rotation. The main function of the Central Board of Directors of the Reserve Bank is to provide overall direction to its affairs.
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