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RBI board meets in Chennai, reviews economic risks
The 624th meeting of the Reserve Bank of India's Central Board of Directors was held in Chennai, chaired by Governor Sanjay Malhotra. The board reviewed the current economic situation, global and domestic…
The 624th meeting of the Reserve Bank of India's Central Board of Directors was held in Chennai, chaired by Governor Sanjay Malhotra. The board reviewed the current economic situation, global and domestic challenges, and risks to the economic outlook.
Discussions also covered the RBI's operational areas, including the functioning of its committees and the Ombudsman Scheme. Deputy Governors Swaminathan J., Poonam Gupta, Shirish Chandra Murmu, and Rohit Jain, along with directors Revathy Iyer, Sachin Chaturvedi, Anand Mahindra, and Somanath Sreedhara Panicker attended.
Indian Opinion Analysis
This is Governor Malhotra's first board meeting outside Mumbai since taking charge. The review of global risks comes amid US tariff uncertainty and volatile capital flows. The mention of the Ombudsman Scheme signals continued focus on customer grievance redress, which saw over 3.5 lakh complaints last fiscal. The next policy review is scheduled for April 2026, where the rate decision will be watched closely.
Source: rbi.org.in
This story was synthesised by AI from the source linked above.
