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Reserve Bank's Central Board holds its 625th meeting at Mumbai

The Central Board of Directors of the Reserve Bank of India held its 625th meeting at Mumbai.
Governor Sanjay Malhotra chaired the meeting.
Members took the Integrity Pledge as part of Vigilance Awareness Week 2026.
The Board discussed current economic conditions and weighed the risks to the economic outlook.
It reviewed the work of the Deposit Insurance and Credit Guarantee Corporation and of selected Central Office departments of the Bank.
Deputy Governors Swaminathan J., Poonam Gupta, Shirish Chandra Murmu and Rohit Jain attended.
Other directors present included Anuradha Thakur, Secretary of the Department of Economic Affairs, Anand Gopal Mahindra, Janmejaya Kumar Sinha, Syed Akbaruddin and Annie George Mathew.

Meeting number: 625th Venue: Mumbai Chaired by: Governor Sanjay Malhotra
Why it matters for exams: The composition of the RBI Central Board and the role of the DICGC are standard banking-exam facts.
Kerala PSCUPSCBank
30 October 2026 Source: Reserve Bank of India

In plain words

DICGC Deposit Insurance and Credit Guarantee Corporation — A wholly owned subsidiary of the Reserve Bank that insures bank deposits.

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