RBI Central Board reviews global, domestic risks to economic outlook

The Central Board of the Reserve Bank of India met on Friday to review the current economic situation and global and domestic challenges, including risks to the economic outlook, the central bank said in a release.

The board also reviewed various areas of the RBI’s operations, including the functioning of its committees and the Ombudsman Scheme.

“The Board in its meeting reviewed the current economic situation, global and domestic challenges including risks to the economic outlook. The Board also reviewed various areas of operations of the Reserve Bank including the functioning of its Committees and the Ombudsman Scheme,” the central bank said.

The 624th meeting of the Central Board was held in Chennai under the chairmanship of RBI Governor Sanjay Malhotra.

Deputy Governors Swaminathan J, Poonam Gupta, Shirish Chandra Murmu and Rohit Jain, along with other directors of the Central Board, Revathy Iyer, Sachin Chaturvedi, Anand Mahindra and Somanath Panicker, attended the meeting.