15th Finance Commission will hold meetings with RBI and Banks & Financial Institutions and Eminent Economists.

The 15th Finance Commission has scheduled a two-day’s visit to Mumbai to hold meetings with the Reserve Bank of India (RBI) and with the Banks and Financial Institutions on 8th and 9th May, 2019.

The Commission will be headed by its Chairman, N.K. Singh and include all its Members and senior officials.

The meeting is to be attended by State Bank of India, Bank of Baroda, Bank of India, Bank of Maharashtra, Central Bank of India, Union Bank of India, Axis Bank Ltd. HDFC Bank Ltd., ICICI Bank Ltd., IndusInd Bank, Kotak Mahindra Bank, Yes Bank Ltd, IDFC First Bank Ltd., IDBI Bank Limited.

The Commission will also hold a detailed meeting with eminent economists to discuss the various Terms of Reference of the 15th Finance Commission.

The Commission is likely to discuss a range of issues, including

Views on key macro-economic assumptions for the Fifteenth Finance Commission (FCXV), keeping in view the key parameters central to macro-financial stability.

Published On : 06-05-2019

Source : SME Times