PSBs seek easing of loan recast rules in first meet with new RBI Governor
Reserve Bank of India (RBI) Governor Shaktikanta Das moved swiftly into his new job on Thursday by holding discussions with chiefs of Mumbai-based public sector banks (PSBs), who wanted rules for recognising bad loans to be eased.
They discussed liquidity in the system, credit growth, financial support to micro, small and medium enterprises (MSMEs), and the state of finance companies. Read more
Portfolio reshuffle of four RBI deputy governors likely before April
A reshuffle of portfolios held by the four deputy governors