Reserve Bank of India (RBI) plans to build a dedicated office space in Goa. The RBI Governor, Shaktikanta Das laid the foundation stone for a new building that will come up on a 2,020 sq mtr plot at Patto Plaza.
The Economic Development Corporation, the state-run non-banking finance company, allotted the plot to the RBI for Rs 30.3 crore, excluding GST and stamp duty. The new office is expected to be ready in three years.
The EDC has allotted the plot on long lease to the RBI and the ownership continues to remain with the EDC. The RBI will also pay the EDC an annual rent for the plot.