RBI Governor held assembly with heads of public sector banks
With the second wave of Corona virus pandemic inflicting widespread havoc throughout the nation, the Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday urged upon public sector banks to proceed with measures to boost resilience of their steadiness sheets.
In a digital assembly with heads of state-owned banks, the RBI Governor acknowledged the important thing function being performed by these banks in extending credit score services to people and companies in such powerful instances.
Mr Das requested them to expedite efforts in direction of implementing measures introduced by the central financial institution.
The present state of the monetary sector, credit score flows to completely different sectors together with these to small debtors, implementation of Corona virus associated coverage measures being taken by the RBI and transmission of the financial coverage, have been among the key points which have been mentioned in the course of the assembly, official sources stated.
The assembly was additionally attended by Deputy Governors M Okay Jain, M Rajeswar Rao, Michael D Patra and T Rabi Sankar.
