RBI Governor Meets with Fed Chairman Amid G20 Discussions on Global Growth

RBI Governor Sanjay Malhotra met with Federal Reserve Chairman Kevin Warsh at the G20 Finance Meeting in Asheville, North Carolina. The meeting was held on the sidelines of the gathering of finance ministers and central bank governors from the world's largest economies.

The discussions centered around global growth, financial stability, rising debt levels, trade, investment, and reforms to the international financial system. U.S. Treasury Secretary Scott Bessent emphasized the need for stronger economic growth, increased investment, and higher productivity.

India is participating in the two-day G20 meeting with Finance Minister Nirmala Sitharaman leading the country's delegation. New Delhi is seeking to strengthen economic ties with other G20 nations and reinforce its position as a center for manufacturing, technology, and innovation.