RBI to further discuss governance framework

Tribune News Service

Mumbai, December 14

The Board of directors of the RBI under new Governor  Shaktikanta Das on Friday discussed the governance framework of the central  bank and resolved to look deeper into the issue. 

“The Board  deliberated on the governance framework of the RBI and it was decided  that the matter needs further examination,” a statement issued by the  RBI said. 

The meeting lasted four hours and  reviewed the current economic situation, both global and domestic  challenges, matters relating to liquidity and credit delivery, and  issues relating to currency management and financial literacy. The draft report on Trend and Progress of Banking in India (2017-18) was also discussed at the meet, the RBI said.