RBI governor Shaktikanta Das to hold meeting with bank chiefs today

The meeting will take stock of implementation of several steps announced by the RBI, including moderation in interest rate and its transmission, as well as liquidity infusion measures for industry

Reserve Bank Governor Shaktikanta Das has called a meeting with bank chiefs on Saturday to take stock of the financial sector and deliberate on steps to be taken to boost industry amid the Covid-19 crisis, sources said.
 

The meeting will take stock of implementation of several steps announced by the RBI, including moderation in interest rate and its transmission, as well as liquidity infusion measures to support the industry.
 

Besides, various facilities provided to help the stressed MSME industry and rural sector would also be reviewed.
 

It would also provide a platform for bankers to give their suggestions for further