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<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> </head> <body> <div style="font-family:Verdana, Geneva, sans-serif; font-size:12px; text-align:justify"> <table width="800" border="0" style="border:1px solid #ccc;padding:5px;" align="center" cellpadding="6" cellspacing="0"> <tr> <td align="left" valign="top"> <br /> Reserve Bank of India <br /><br /> SAARC Central Bank Governors Meet for 40th SAARCFINANCE Governors' Group<br /><br /> MANU/RPRL/0162/2020 - (04 Nov 2020)<br /><br /> </td> </tr> <tr> <td align="left" valign="top"></td> </tr> <tr> <td align="left" valign="top" style="background-color:#FDEDCE"><strong>The 40th Meeting of the SAARCFINANCE Governors' Group was held today in a virtual format. Shri Shaktikanta Das, Governor, RBI, chaired the meeting and inaugurated the SAARCFINANCE Sync, a closed user group secure communication network. In his opening remarks, Governor Shri Das highlighted the close partnership and co-operation among the member countries in jointly fighting the pandemic. <br><br> The Group took stock of the macroeconomic situation in the SAARC region; discussed the current SAARCFINANCE initiatives; and the way ahead. The Governors reaffirmed their commitment to continued co-operation and sharing of central bank experiences. <br><br> The meeting was attended by the Governors from SAARC central banks - Mr. Fazle Kabir, Bangladesh Bank; Mr. Dasho Penjore, Royal Monetary Authority of Bhutan; Shri Shaktikanta Das (Chairperson), Reserve Bank of India; Mr. Ali Hashim, Maldives Monetary Authority; Mr. Maha Prasad Adhikari, Nepal Rastra Bank; Dr. Reza Baqir, State Bank of Pakistan; and Prof. W. D. Lakshman, Central Bank of Sri Lanka. Governor, Da Afghanistan Bank (DAB) was represented by a senior official of DAB. SAARCFINANCE is a network of central bank governors and finance secretaries of the SAARC region. The Reserve Bank of India is the current chair of SAARCFINANCE.</strong></td> </tr> <tr> <td align="left" valign="top" ><strong></strong></td> </tr> <tr> <td align="left" valign="top" ><strong>Tags : SAARC, Meet, Governors' Group</strong></td> </tr> <tr> <td align="left" valign="top"> </td> </tr> <tr> <!--<td><strong>Source : <a target="_new" href="http://www.manupatrafast.com/">newsroom.manupatra.com</a></strong></td>--> <td align="left" valign="top"><strong>Source : newsroom.manupatra.com</strong></td> </tr> <tr> <td align="left" valign="top"> </td> </tr> <tr> <td align="left" valign="top">Regards</td> </tr> <tr> <td align="left" valign="top">Team Manupatra</td> </tr> <tr> <td align="left" valign="top"> </td> </tr> </table> </div> </body> </html>