<h1>RBI Launches Scholarship for SAARC Central Bank, Finance Officials to Boost Economic Research Skills.</h1> The Reserve Bank of India (RBI) has introduced a scholarship scheme for officials from central banks and finance ministries of SAARC countries to pursue higher studies in economics. Announced by the RBI Governor at the 26th SAARCFINANCE Group Meeting in Islamabad, the initiative aims to enhance regional cooperation by improving economic research skills. The scholarship covers a full-time Ph.D. or M.A/M.S/M.Phil leading to a Ph.D. in economics at selected Indian institutions, with a tenure of four years, extendable by six months. Alternatively, a two-year M.A/M.S/M.Phil scholarship is also available. The research must be relevant to SAARC countries.