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<h1>RBI Board Meeting in Srinagar Discusses Economic Challenges, CD Ratio in J&K, SARFAESI Act, and Skill Development Initiatives.</h1> The Central Board of Directors of the Reserve Bank of India convened in Srinagar, chaired by the RBI Governor. The meeting reviewed economic conditions and challenges, with attendance from key directors and government officials. Discussions included enhancing the Credit-Deposit (CD) ratio in Jammu and Kashmir and legislating the SARFAESI Act. A State Level Bankers Committee meeting led by the Chief Minister focused on increasing the CD ratio to 40% by March 2014, implementing Electronic Benefit Transfer in select districts by August 2013, and promoting skill development in horticulture and social activities.