RBI opens sub-office at Kohima, to increase presence in north east

RBI opens sub-office at Kohima, to increase presence in north east

Daily Current Affairs   /   RBI opens sub-office at Kohima, to increase presence in north east

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Category : Business and economics Published on: June 15 2023

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  • The Reserve Bank has opened a sub-office at Kohima, and announced its aim to soon have an office in Itanagar to strengthen its presence in North East India.
  • Deputy Governor Michael Debabrata Patra inaugurated the office in the capital of Nagaland, which will help expand the central bank's presence in the north-eastern region.
  • In the north-eastern region, RBI is present in Assam, Manipur, Meghalaya, Mizoram, Tripura and Nagaland.
  • The newly inaugurated sub-office is headed by general manager Paresh Chauhan.
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