Union Finance Minister Nirmala Sitharaman was on Monday briefed the RBI’s central board on Budget measures. RBI Governor Shaktikanta Das was also present at the meeting.
The Minister highlighted the key points of the budget, including the fiscal consolidation roadmap.
Speaking to news persons after the briefing, Shaktikanta Das said that Reserve Bank Governor Shaktikanta Das Monday said the central bank will discuss issuance of overseas sovereign bonds with the government.
After the customary post-budget meeting with Finance Minister Nirmala Sitharaman, he said the system has sufficient liquidity and the Budget for 2019-20 has made provision for shadow banking (NBFC) sector.