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“The Board in its meeting reviewed the various areas of operation of the Bank and the current economic situation, global and domestic challenges including the overall impact of current global geopolitical crises,” it said.

Further, the Board discussed the Reserve Bank’s activities during the current accounting year 2021-22. The Board also approved the budget for the accounting year 2022-23.

Deputy Governors Mahesh Kumar Jain, Michael Debabrata Patra, M Rajeshwar Rao, and T Rabi Sankar, attended the meeting.

Other Directors of the Central Board – Satish K Marathe, S Gurumurthy, Revathy Iyer and Sachin Chaturvedi too attended the meeting.

The release further said Ajay Seth, Secretary, Department of Economic Affairs and Sanjay Malhotra, Secretary, Department of Financial Services also participated in the meeting.

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