The 618th meeting of the Central Board of Directors of Reserve Bank of India was held today in Lucknow under the Chairmanship of Shri Sanjay Malhotra, Governor.

The Board assessed the emerging global and domestic economic landscape, including the geopolitical and financial market developments and associated challenges. The Board reviewed the functioning of select Central Office Departments of the Bank and also of Committees of Central Board and the Ombudsman Scheme.

The Board approved the nomination of Shri Indranil Bhattacharyya, Executive Director as an ex-officio member of the Monetary Policy Committee.

Deputy Governors Shri M. Rajeshwar Rao, Shri T. Rabi Sankar, Shri Swaminathan J., Dr. Poonam Gupta and other Directors of the Central Board – Shri Nagaraju Maddirala, Secretary, Department of Financial Services, Ms. Anuradha Thakur, Secretary, Department of Economic Affairs, Shri Satish K. Marathe, Smt. Revathy Iyer, Prof. Sachin Chaturvedi, Shri Anand Gopal Mahindra, Shri Pankaj Ramanbhai Patel and Dr. Ravindra H. Dholakia – attended the meeting.

(Puneet Pancholy)     
Chief General Manager

Press Release: 2025-2026/958