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RBI: RBI central board normally takes inventory of economic scenario, Covid-19 troubles

Mumbai: The Central Board of the Reserve Bank of India (RBI) deliberated on the present economic predicament and evolving difficulties posed by the pandemic at its assembly on Friday.
The assembly was chaired by the central bank governor Shaktikanta Das.
At the outset, the governor and deputy governors briefed the Board about the over-all macroeconomic conditions – both domestic and world, economic sector situation and the effect of numerous monetary, regulatory and other measures taken by the RBI in the context of the Covid-19 pandemic, the RBI claimed in a launch.
The Board also talked about the Reserve Bank’s things to do from July-June and the budget for the upcoming accounting calendar year – July 2021 to March 2020 – aligned with the government’s financial yr, other policy and operational matters.
Deputy Governors B.P. Kanungo, Mahesh Kumar Jain and Michael Debabrata Patra and other administrators of the central board –N. Chandrasekaran, Ashok Gulati, Manish Sabharwal, Prasanna Kumar Mohanty, Dilip S. Shanghvi, Satish K. Marathe, Revathy Iyer, and Sachin Chaturvedi attended the meeting.
Tarun Bajaj, secretary, office of economic affairs and Debasish Panda, secretary, division of monetary products and services also attended the assembly.

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