Mumbai: Maharashtra Chief Minister Devendra Fadnavis met with President Droupadi Murmu at the Raj Bhavan on Tuesday morning, according to an official release. The President is in Mumbai to attend the closing ceremony marking the 90th anniversary of the Reserve Bank of India (RBI) today.
Earlier, on Friday, RBI Governor Sanjay Malhotra also met President Droupadi Murmu at Rashtrapati Bhavan. The President shared this news on X, stating, “Shri Sanjay Malhotra, Governor, Reserve Bank of India, called on President Droupadi Murmu at Rashtrapati Bhavan.”
Prime Minister Narendra Modi inaugurated the RBI’s 90th-year celebrations in Mumbai on April 1, 2024. During the event, PM Modi unveiled a commemorative coin and praised the RBI for its crucial role in shaping India’s economic landscape. He emphasized the importance of the upcoming decade for India’s aspirations to become a developed nation and highlighted the RBI’s commitment to fostering growth, trust, and stability.
Additionally, on March 26, RBI Governor Sanjay Malhotra expressed concerns about the evolving threats posed by money laundering and terror financing to both national and global financial systems. He noted that these threats are becoming increasingly sophisticated, largely aided by technological advancements.
Speaking at the Private Sector Collaborative Forum of the Financial Action Task Force (FATF), Malhotra emphasized the need to strengthen the financial system to counter these illicit activities. He stated, “We are determined to further strengthen our financial system to deter and combat illicit financial activities, taking into consideration the recommendations made during the evaluation. We will continue to strive for continuous improvement in this regard.”