Due to the extension of lockdown in India for two more weeks, RBI Governor met NBFCs, Micro Finance Institutions, and Mutual Funds industry representatives in two separate meetings on Monday through the video conference. The banks have urged the RBI the 3 months to help people and industry impacted by the ongoing lockdown due to pandemic of corona-virus. Banks declining to … [Read more...]
RBI Governor meets heads of banks to review the implementation of various measures
RBI Governor Shaktikanta Das held a meeting with the heads of public and private sector banks on Saturday 2nd of May, 2020 in two different sessions through video conference to discuss on the various issues to reduce the stress in the financial system among the pandemic of corona-virus and review of the current economic situation were also discussed. Credit flows to different … [Read more...]