**Executive Summary**
This press release announces the 621st meeting of the Central Board of Directors of the Reserve Bank of India held on February 23, 2026, in New Delhi. The meeting, chaired by Governor Shri Sanjay Malhotra, focused on assessing the global and domestic economic landscape. The Union Finance Minister addressed the Board, outlining the strategic vision of the Union Budget 2026-27.
**Key Points / Main Content**
* **Board Meeting:**
* The 621st meeting of the Central Board of Directors of the Reserve Bank of India occurred on February 23, 2026, in New Delhi.
* Shri Sanjay Malhotra, Governor, chaired the meeting.
* The Board assessed the global and domestic economic landscape.
* They considered the impact of geopolitical developments and financial market volatility.
* **Union Finance Minister's Address:**
* Smt. Nirmala Sitharaman, the Union Minister of Finance and Corporate Affairs, addressed the Board.
* She outlined the strategic vision of the Union Budget 2026-27, inspired by the three Kartavyas.
* She delineated expectations from the financial sector toward achieving the goal of Viksit Bharat.
* **Attendees:**
* The Union Finance Minister was accompanied by various Secretaries and the Chief Economic Adviser.
* Deputy Governors and other Directors of the Central Board also attended the meeting.
**Impact Analysis**
**Reserve Bank of India (RBI)**
* **Impact:** RBI’s Central Board of Directors received guidance on the strategic vision of the Union Budget 2026-27. The Board assessed the current economic landscape to make informed decisions.
* **Action Required:** Align its policies and operations with the government's vision outlined in the Union Budget 2026-27, focusing on achieving Viksit Bharat.
**Financial Sector**
* **Impact:** Expected to contribute towards achieving the goals of Viksit Bharat, aligning with the vision articulated by the Union Finance Minister.
* **Action Required:** Align strategies and operations with the expectations outlined by the Union Finance Minister, focusing on supporting the goals of Viksit Bharat.
Key Entities Referenced
Reserve Bank of India: Central bank of India, whose Central Board of Directors met, addressed by the Finance Minister.
Nirmala Sitharaman: Union Minister of Finance and Corporate Affairs, who addressed the meeting of the Central Board of Directors of Reserve Bank of India
Union Budget 2026-27: The budget presented by the Union Finance Minister which was inspired by the three Kartavyas, with the goal of Viksit Bharat.
New Delhi: Location of the 621st meeting of the Central Board of Directors of the Reserve Bank of India.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व बैंक
RESERVE BANK OF INDIA
वेबसाइट
:
www.rbi.org.in/hindi
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Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,
ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
February 23, 2026
Finance Minister addresses the Central Board of Directors of
Reserve Bank of India
The 621st meeting of the Central Board of Directors of the Reserve Bank of India
was held today at New Delhi under the Chairmanship of Shri Sanjay Malhotra,
Governor. The Board assessed the global and domestic economic landscape,
factoring in the challenges arising from geopolitical developments and financial market
volatility.
Smt. Nirmala Sitharaman, Hon’ble Union Minister of Finance and Corporate Affairs,
addressed and interacted with the Directors of the Central Board, after the Board
meeting. The Hon’ble Union Minister of Finance articulated the strategic vision of the
Union Budget 2026-27, which was inspired by the three Kartavyas, and delineated
expectations from the financial sector toward achieving its goal of Viksit Bharat. The
Directors expressed their appreciation for the Budget and shared their perspectives.
The Union Finance Minister was accompanied by Shri Pankaj Chaudhary, Hon’ble
Minister of State for Finance, Dr. Arunish Chawla, Secretary, Department of
Investment and Public Asset Management, Shri V. Vualnam, Secretary, Department
of Expenditure, Shri Arvind Shrivastava, Secretary, Department of Revenue and
Dr. V. Anantha Nageswaran, Chief Economic Adviser.
Deputy Governors Shri T. Rabi Sankar, Shri Swaminathan J., Dr. Poonam Gupta,
Shri Shirish Chandra Murmu and other Directors of the Central Board - Shri Nagaraju
Maddirala, Secretary, Department of Financial Services; Ms. Anuradha Thakur,
Secretary, Department of Economic Affairs; Shri Satish K. Marathe, Shri S.
Gurumurthy, Smt. Revathy Iyer, Prof. Sachin Chaturvedi, Shri Venu Srinivasan, Shri
Pankaj Ramanbhai Patel and Dr. Ravindra H. Dholakia - attended the meeting.
(Brij Raj)
Press Release: 2025-2026/2154 Chief General Manager