A meeting of the board of directors of the Reserve Bank of India was convened by Governor Urjit Patel to discuss issues related to liquidity for NBFCs, credit for MSMEs and new economic capital framework.
Context
A meeting of the board of directors of the Reserve Bank of India was convened by Governor Urjit Patel to discuss issues related to liquidity for NBFCs, credit for MSMEs and new economic capital framework.
About
Who appoints the board and what is the maximum strength of the board?
What is its current composition?
Who are appointed, and how?
Does the Governor have a say in Board appointment?
What are the functions of the Board?
Do all directors have voting rights?
Can the Board prevail upon the Governor on contentious issues?
Verifying, please be patient.