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RBI fortifies war-room with more manpower as COVID-19 rages on

RBI fortifies war-room with more manpower as COVID-19 rages on

The Reserve Bank, which has been operating from a war-room at a secret facility here since March 19 with skeletal staff, has increased the deployed manpower to 150 now, as the monetary authority continues to insulate the nation's financial system from the disruptions due to the coronavirus pandemic.

The facility, part of the RBI's business contingency plan (BCP), was up and running within 24 hrs of the central bank taking a decision to this effect. The war-room was being manned by just about 120 most critical staff from the RBI, along with 60 key personnel from its 600-people strong workforce of its external vendor and around 70 facility staff.

As the lockdown has been extended, the RBI deputed an additional 30 staff recently, taking the total strength to 150, a central bank official told on Friday.

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