Will take steps if there is liquidity shortage: RBI Governor

A- A A+

Last Updated : Sep 22 2019 8:06PM Screen Reader Access

News Highlights

PM Modi to address Indian diaspora at Houston Induction of Rafale aircraft in Indian Air Force will be a game-changer, says Air Force Chief CBI court summons former UP CM Kalyan Singh in Babri Masjid demolition case Aadhaar will be linked with driving licence, says Ravishankar Prasad Ministry of Sports to create 20 National Centres of Excellence to groom athletes

National News

Jan 07, 2019

4:10PM

Will take steps if there is liquidity shortage: RBI Governor

file pic:pti

RBI Governor Shaktikanta Das on Monday said the central bank will take steps if there is a liquidity shortage in the economy, though currently liquidity needs are largely met.

He said the RBI is constantly monitoring liquidity issue and infusion of liquidity in the market will be need-based.

Briefing media in New Delhi, Mr Das said he met associations of small and medium enterprises in the national capital this morning to gauge the current state of MSMEs, and implementation of loan restructuring scheme.

The RBI Governor said he will meet non-banking financial companies tomorrow to get a perspective on liquidity needs.

He said banks have been asked to look at the viability of individual proposals for loan restructuring of MSMEs.