RBI governor discusses NBFC liquidity, moratorium with bank chiefs

The meetings were also attended by deputy governors and other senior officers of the central bank, RBI said in a statement on its website

Reserve Bank of India (RBI) governor Shaktikanta Das separately met on Saturday chiefs of public and private sector banks to review India's economy, liquidity of non-bank financial companies (NBFC) and a moratorium for lenders during the coronavirus pandemic.

Deputy governors and other senior officers of the central bank attended the video meeting, too, said the RBI in a statement on its website.

Das took stock of “credit flows to different sectors of the economy, including liquidity to Non-Banking Financial Companies, Micro Finance Institutions, Housing Finance Companies, Mutual Funds, etc.”

He praised banks for their work during a national lockdown to contain the coronavirus,