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India’s Finance Minister and RBI Governor Co-Chair BRICS Financial Meeting in Jaipur

RBI Governor co-chairs BRICS meeting with Finance Minister; emphasises role of central banks in financial stability
Countries
IndiaIndonesia
Cooperation areas
Institutional DevelopmentSustainable Development

Source: ANI (Asian News International) | Original Published At: 2026-08-14 02:51:09 UTC

Key Points

  • Finance Minister Nirmala Sitharaman and RBI Governor Sanjay Malhotra co-chaired the BRICS Finance Ministers and Central Bank Governors meeting in Jaipur on August 12–13.
  • Malhotra emphasized central banks' role in maintaining price and financial stability and the importance of cooperation for a resilient, efficient and inclusive financial system.
  • He acknowledged work on information security, fintech, cross-border payments, sustainable finance, capacity building and the contingent reserve arrangement.
  • Sitharaman met Indonesia's Vice Minister of Finance Juda Agung on August 12 on the meeting's sidelines to discuss financial sector development and collaboration in international financial services.
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