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RBI board News

Reserve Bank of India

21 May 2021

RBI to transfer Rs 99,122 crore as surplus to government

The Reserve Bank of India (RBI) will transfer Rs 99,122 crore as surplus to the Centre for nine months ended March 31, 2021. According to the RBI, the Board in its meeting reviewed the current economic situation, global and domestic challenges and recent policy measures taken by the Reserve Bank to mitigate the adverse impact of the second wave of Covid-19 on the economy.

09 May 2017

PM Narendra Modi sets up task force to formulate credible policies on employment

With an aim to create policies on employment based on credible data, Prime Minister Narendra Modi has set up a task force.

11 Feb 2017

Urjit Patel holds long-gestation projects responsible for high NPAs

RBI Governor Urjit Patel on Saturday attributed the banks grappling with high bad loans to legacy issues saying they are mostly on account of credit facility provided for long-gestation projects before 2011-12.

04 Mar 2016

Ex-Guj CS Sudhir Mankad, TCS CEO appointed to RBI board

Former Chief Secretary of Gujarat Sudhir Mankad and two others were today appointed as non-official directors to the board of Reserve Bank of India (RBI)

31 Jul 2015

Govt names Additional Secretary to RBI board in place of Fin Secy

As per the convention, Economic Affairs Secretary besides the Financial Services Secretary is part of Central Board Directors of RBI.

08 Mar 2015

Jaitley to address RBI board on March 22

Finance Minister Arun Jaitley will address board members of the Reserve Bank here on March 22 to inform them about steps taken in the Budget for 2015-16 to boost economic growth and contain fiscal deficit.

16 Oct 2014

RBI board discusses economic situation, policy issues

RBI's Central Board of Directors on Thursday discussed challenges facing the domestic as well as the global economic situation at a review meeting here of the central bank.

14 Aug 2014

RBI proposes COO post in rank of Deputy Governor

RBI on Thursday said its Board has approved HR restructuring by creating an additional post of Chief Operating Officer (COO) in the rank of Deputy Governor and will approach government for required legislative changes.

27 Jul 2014

Jaitley to address RBI board on August 9

It has been a custom that the Finance Minister addresses RBI board, consisting of RBI Governor and existing three deputy governors, after the Budget.

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