RBI’s central board meeting begins in Patna

By IANS,

Patna : The Reserve Bank of India’s central board meeting began in the Bihar capital Thursday to discuss various economic issues.

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RBI Governor D. Subbarao, along with all top officials of the bank, were attending the meeting to discuss various economic issues, officials said.

Subbarao arrived here Wednesday afternoon to attend the meeting.

During his hour-long meeting with Bihar Chief Minister Nitish Kumar Wednesday night, he assured every possible help for the development of the state.

Kumar informed the RBI governor that the credit-deposit (CD) ratio in Bihar was only 32 percent as against the national average of 70 percent.