The Central Board of the Reserve Bank of India (RBI) met on 14th November under the new Governor of RBI, Shaktikanta Das. The crucial central board meeting was held on Friday morning to discuss argumentative issues including a new economic capital framework (ECF) for the central bank. Soon after taking reins of the RBI, Das has assured, he will try to uphold the autonomy, credibility and the integrity of the great instant.
In an official statement, they stated: “The Board reviewed, inter alia, the current economic situation, global and domestic challenges, matters relating to liquidity and credit delivery to the economy, and issues related to currency management and financial literacy”.
The former Economic Affair Secretary. Who took over as the 25thGovernor said, he will take measures which the economy needs right at this moment. The meeting will conclude stock for Micro, Small & Medium Enterprises (MSMEs) and bring them back from the stress which was implemented due to demonetization and Good and Services Tax (GST).
