Zee Media Bureau
New Delhi: Union Finance Minister Arun Jaitley will address the members of Central Board of RBI in New Delhi, on Sunday.
It is customary for the Finance Minister to address the Central Board of Directors of the Reserve Bank of India after the Union Budget.
Meanwhile, the Finance Minister yesterday said that the government will not take away any ‘significant’ power of the Reserve Bank of India adding that a clarification on the central bank’s role in the regulation of the bond market will be provided next month.
In his first full year budget, Mr. Jaitley had on February 28 proposed to shift the powers to regulate trading in government bonds from the RBI to the Securities and Exchange Board of India (SEBI).
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