Business Standard

RBI fortifies war-room with more manpower as coronavirus pandemic rages on

The central bank, which handles billions of transactions, is served by around 14,000 employees across its main office and 31 regional offices

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RBI deputed an additional 30 staff recently, taking the total strength to 150

BS Web TeamAgencies New Delhi
The Reserve Bank of India (RBI), which had earlier shifted a few officers to an undisclosed location as part of its business contingency plan (BCP), has now increased the deployed manpower to 150, so that the central bank’s key functions remain unaffected by the coronavirus (Covid-19) crisis.

Operating from a war-room at a secret facility since March 19 with skeletal staff, the monetary authority continues to insulate the nation's financial system from the disruptions due to the coronavirus pandemic. The RBI had prepared a contingency plan in the wake of Covid-19 crisis to ensure that the financial markets continue

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