RBI Forms 10-Member Expert Committee to Align Statistics with Global Standards.

Banking & Finance

The Reserve Bank of India (RBI) has established a 10-member expert committee to benchmark its statistical practices with international standards. This initiative aims to enhance the accuracy and comparability of RBI's data with global norms. The committee will review current methodologies and recommend improvements to align with global best practices. This move is part of RBI's broader strategy to ensure transparency and credibility in its reporting. The committee is expected to provide its recommendations within a specified timeframe, which will be crucial for refining the RBI's statistical framework and ensuring consistency with international benchmarks.


      The committee will assess data collection methods to ensure they meet international accuracy and reliability standards.

      Recommendations will focus on enhancing transparency and consistency in statistical reporting for global comparability.

     

 

     


About RBI,

CEO : Shaktikanta Das
Headquarter : Mumbai
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