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Interest rates have moderated, plenty of liquidity in system: Rajnish Kumar

According to him, the rural economy will play a critical role in the revival process

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SBI Chairman Rajnish Kumar

2 min read Last Updated : Jun 18 2020 | 8:02 PM IST

State Bank of India (SBI) chairman Rajnish Kumar on Thursday said that there is enough liquidity available in the system and also interest rates have moderated to a large extent.

Speaking at a webinar organised by Bharat Chamber of Commerce, Kumar said that both the RBI and the government have taken measures to bring back the economy, derailed by the pandemic, back on track.

"The government and the RBI have taken measures to bring back the economy to the path of revival", he said.

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