At the meeting, the apex bank reviewed the associated challenges including the impact of current global geopolitical developments.
Further, the Board discussed the Reserve Bank’s activities during the current accounting year 2022-23. The Board also approved the budget for the accounting year 2023-24, it said in a press note.
At the meeting, Deputy Governors Mahesh Kumar Jain, Dr Michael Debabrata Patra, M. Rajeshwar Rao, T. Rabi Sankar and other Directors of the Central Board – Satish K. Marathe, Prof. Sachin Chaturvedi, Pankaj Ramanbhai Patel and Dr. Ravindra H. Dholakia were present.
Ajay Seth, Secretary, Department of Economic Affairs and Dr Vivek Joshi, Secretary, Department of Financial Services also attended the meeting.