INSUBCONTINENT EXCLUSIVE:
on the central bank's governance framework and has decided that the matter required further examination, the central bank said on Friday.The
statement released after the central bank's board meeting, which was headed by the new RBI Governor Shaktikanta Das, said they reviewed the
current economic situation and various domestic and global challenges.The board also looked into matters relating to liquidity, credit
delivery to the economy, issues of currency management, financial literacy and discussed the draft report on trends and the progress of
banking in the country, the statement said.This is the first board meeting after the RBI's former chief Urjit Patel's resignation earlier
this week following widening differences between the government and the central bank.The RBI's board meetings have come under the spotlight
in recent months since the government started putting pressure on the central bank to ease lending curbs and hand over more of its reserves
to fund the fiscal deficit.
