A meeting of the Sub-Committee of the Financial Stability Development Council (FSDC) was held today in Kolkata. Dr. D. Subbarao, Governor, Reserve Bank of India, chaired the meeting. The meeting was attended by Shri R. Gopalan, Secretary, Department of Economic Affairs; Dr. Kaushik Basu, Chief Economic Adviser, Ministry of Finance; Shri U. K. Sinha, Chairman, SEBI; Shri J. Hari Narayan, Chairman, IRDA; Shri Yogesh Agrawal, Chairman, PFRDA; Deputy Governors, RBI: Dr. K.C. Chakrabarty, Dr. Subir Gokarn, Shri Anand Sinha and Shri H.R. Khan; Executive Directors, RBI: Shri V.K.Sharma and Shri V. S. Das;  and other officials.

The Central Board of Directors of the Reserve Bank of India met today at Kolkata. Dr. D. Subbarao, Governor, Reserve Bank of India chaired the meeting. Directors Sarva Shri Dr Anil Kakodkar,  Kiran Karnik, M.V.Rajeev Gowda, Y.H.Malegam,  Azim Premji, Dipankar Gupta,  G.M.Rao,  Ms Ela Bhatt and  Dr Indira Rajaraman.  The Government nominee  Shri R.Gopalan, Secretary, Department of economic Affairs and Government nominee on the Board  also attended  at the meeting. Deputy Governors Dr. K.C.Chakrabarty, Dr. Subir Gokarn, Shri Anand Sinha and Shri H.R. Khan were also present.

A meeting of the Sub-Committee of the Financial Stability Development Council (FSDC) was held today in Hotel Taj Bengal, Kolkata. Dr. D. Subbarao, Governor, Reserve Bank of India, chaired the meeting. The meeting was attended by Shri R. Gopalan, Secretary, Department of Economic Affairs; Dr. Kaushik Basu, Chief Economic Adviser, Ministry of Finance; Shri U. K. Sinha, Chairman, SEBI; Shri Yogesh Agrawal, Chairman, PFRDA and Deputy Governors, RBI: Dr. K.C. Chakrabarty, Dr. Subir Gokarn, Shri Anand Sinha and Shri H.R. Khan, Shri V. S. Das, Executive Director, RBI, and other officials.

The result of the RBI Reverse Repo auction held today is as under: