Finance Minister Nirmala Sitharaman addressed the Central Board of Directors of the Reserve Bank of India (RBI) on February 23, 2026. The meeting focused on FY27 Budget priorities, including manufacturing, agriculture, and tourism support. RBI Governor Sanjay Malhotra confirmed no systemic risks in the banking sector during the session.
Union Finance Minister Nirmala Sitharaman engaged with the Central Board of Directors of the Reserve Bank of India (RBI) in New Delhi on February 23, 2026. The customary post-Budget meeting provided an opportunity to outline key fiscal priorities and discuss macroeconomic challenges with the RBI leadership.
Key Highlights
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Finance Minister addressed RBI board on February 23, 2026
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Focus on FY27 Budget measures to boost manufacturing, agriculture, and tourism
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Government roadmap aims to reduce debt-to-GDP ratio to 50% by FY31 from 55.6% in FY27
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RBI recently retained repo rate at 5.25% with a neutral stance amid global uncertainties
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Governor Sanjay Malhotra confirmed no systemic risk following IDFC First Bank fraud case
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Discussion emphasized balancing fiscal prudence with growth and resilience in financial markets
Strategic Impact
The engagement underscores the government’s commitment to aligning fiscal policy with monetary stability. By highlighting growth-oriented measures while maintaining debt discipline, the Finance Minister reinforced confidence in India’s economic trajectory. RBI’s assurance on systemic stability further strengthens investor sentiment, ensuring continuity in financial market resilience.
Sources: CNBC-TV18, Business Standard, News18, Indian Masterminds