Mumbai, March 20 The RBI's central board assessed the emerging global and domestic economic scenario on Friday, including evolving geopolitical developments and their impact on financial markets, along with associated challenges.
The 622nd meeting of the Central Board of Directors of the Reserve Bank of India was held today in Patna under the Chairmanship of Governor Sanjay Malhotra, according to a release.
"The Board approved the Bank's budget for the accounting year 2026-27, as well as the Bank's Medium Term Strategy Framework (Utkarsh 3.0) for the period 2026-29," it said.
Deputy Governors T Rabi Sankar, Swaminathan J, Poonam Gupta, and Shirish Chandra Murmu participated in the meeting.
Other Directors of the Central Board – Anuradha Thakur, Secretary, Department of Economic Affairs; Revathy Iyer, Sachin Chaturvedi and Ravindra H Dholakia – also attended the meeting.