New Delhi, Nov 19 (IBNS): Amid reports of rifts with the Centre, the Reserve Bank of India (RBI)'s board meeting began on Monday, media reports said.
Reports have emerged that the government has proposed a few changes with which the Centre will be able to strictly supervise the RBI.
The government and the RBI will try to arrive at a middle ground over the issue, report said.
The board meeting will be presided by the Finance Ministry nominees and some independent directors.
Though reports had also surfaced that RBI Governor Urjit Patel might resign, a situation which is now much unlikely to occur, NDTV reported.
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