RBI releases Board Minutes

After a long wait and requests, RBI has begun to release its Board Minutes:

The Reserve Bank of India (RBI) has been, over the years, taking steps to enhance transparency with regard to its functioning. The minutes of the meetings of the RBI’s Central Board of Directors (Central Board) have evinced considerable public interest and some of these have been shared with persons who sought them under the Right to Information Act 2005 (RTI Act). As a measure of further enhancing public awareness about the functioning of the RBI, it has been decided to place the minutes of the meetings of the Central Board on the RBI’s website in terms of provisions of Section 4 of the RTI Act, after appropriately severing information that is permitted to be severed as per the Act. Accordingly, the minutes of the meeting of Central Board held in Chandigarh on October 11, 2019 have been released today. In future, the minutes will be placed on the RBI website within two weeks from the date of its confirmation in the next meeting of the Central Board and on being signed by the chairman in the same meeting.

Scanning the Board Minutes does not give much details though. But it is a good start as you know what points were covered.

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