Reserve Bank governor Shaktikanta Das to hold meet with bank CEOs today

One of the issues that will come up for review is how much transmission of policy rate actions to the final customer has happened.

Reserve Bank of India Governor Shaktikanta Das will meet chief executives of commercial banks on Monday to take stock of monetary transmission. The issue of dealing with the effects of the coronavirus outbreak on the financial sector is also likely to figure during the interaction.  

Senior public sector bank executives said usually, bank chiefs meet the RBI brass immediately after the monetary policy review. The Monetary Policy Committee met on February 4-6, and kept the repo rate unchanged at 5.15 per cent.

One of the issues that will come up for review is how much transmission of policy rate actions