
AMN / WEB DESK
UNION Finance minister Nirmala Sitharaman today held a post-budget meeting with directors of the central board of Reserve Bank of India (RBI), outlining the main points of the Union Budget for 2021-22 and discussing the roadmap to fiscal consolidation.
The meeting, held via videoconferencing, had minister of state for finance and corporate affairs Anurag Singh Thakur, finance secretary Ajay Bhushan Pandey and secretary, Department of Investment and Public Asset Management, Tuhin Kanta Pandey, in attendance.
Sitharaman explained the thinking behind Union Budget 2021-22 and priorities of the Government. During the discussion, board members made various suggestions for consideration of the government.
The 587th meeting of the Central Board of Directors of Reserve Bank of India was held under the Chairmanship of Shri Shaktikanta Das, Governor, through video conferencing.
The Board reviewed the current economic situation, global and domestic challenges and various areas of operations of the Reserve Bank including ways for the strengthening of Grievance Redress Mechanism in Banks.