RBI Governor Urjit appointed to Financial Stability Institute Advisory Board

The Reserve Bank of India(RBI) Governor Urjit Patel has been appointed to the Financial Stability Institute Advisory Board or the Bank of International Settlement (BIS). The Advisory Board will comprise a small but diverse group of central bank Governors, heads of financial sector supervision and chairs of standard-setting bodies and regional supervisory groups. Bank for International Settlements (BIS) is an international financial organization owned by 60-member central banks across the world. The Financial Stability Institute (FSI) of the BIS assists financial sector authorities worldwide in strengthening their financial systems.