RBI governor meets private bank chiefs over measures to ease Covid pain

The PSB chiefs, who met Das last week on the same issue, demanded a second recast option for those already restructured last year

The Reserve Bank of India (RBI) governor and deputy governors met with the MD & CEOs of a few private sector banks on Tuesday to discuss the economy and the implementation of the RBI measures to ease the economic pain of Covid.

Credit flows to different segments of the economy, particularly to small borrowers, micro small and medium enterprises, as well as monetary policy transmission and liquidity scenario were discussed.

Last week, the governor had met public sector bank chiefs on the same theme. The bankers then had demanded a second restructuring option for those already restructured last year, and