<h1>RBI Board Faces Shortage: Nine Non-Official Directors Needed, Including Seven Eminent Persons per RBI Act Requirements.</h1> The Reserve Bank of India's (RBI) central board is currently lacking nine non-official directors, including seven from the category of eminent persons across various fields. The board, which is the highest decision-making body of the RBI, requires ten such eminent individuals as per the RBI Act. Presently, only three eminent personalities are serving, with two local board representations also pending. Non-official directors serve for four years and can be re-appointed. The board comprises a total of 21 directors, including five official directors, with full representation from the governor and deputy governors. Several directors completed their terms recently, contributing to the current shortage.