RBI Open House Initiative: What is this and How will it Work? Know All Details
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RBI Open House Initiative: The Reserve Bank of India (RBI), Governor Sanjay Malhotra has introduced an “open house” initiative for both current and retired employees. What is this initiative and how will it be beneficial? Let’s Know.
The open house will be held every working day from 10:00 to 10:30 am. Employees can meet the RBI Governor without prior appointment and share their views or suggestions directly. Employees are encouraged to offer feedback, ideas, and suggestions that can help improve the functioning of the RBI. The important point to note is that employees can meet the RBI Governor directly without any prior appointment. This is highly commendable as it breaks communication barriers and promotes openness.
Since taking charge as the 26th Governor of the RBI in December, Sanjay Malhotra has actively engaged with a wide range of stakeholders, including industry leaders, banks, NBFCs, and other financial institutions, to gather feedback before finalizing key regulations. The open house initiative underlines Governor Malhotra’s focus on transparency, collaboration, and innovation within the RBI. It aims to create a culture where employees — both serving and retired — feel empowered to contribute to the institution’s growth and efficiency.
| Aspect | Details |
|---|---|
| Purpose | The open house is created to provide a dedicated channel for RBI employees to share suggestions and feedback on improving the central bank’s operations. |
| Access to the Governor | Employees are able to interact with the RBI Governor without a prior appointment. |
| Schedule | The sessions are held between 10:00 and 10:30 a.m. on all working days. |
| A Consultative Approach | The initiative is in line with Governor Malhotra’s stated goal of adopting a more consultative approach with all stakeholders. |
