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RBI Governor Shaktikanta Das (file photo)
Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday held a virtual meeting with managing directors and CEOs of small finance banks to gauge potential stress on their balance sheets in the backdrop of rising Covid-19 cases and consequent localised lockdowns. He discussed the current economic situation, credit flows to different segments of borrowers and the liquidity scenario, according to a statement released by the central bank.
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Das recognised the important role of small finance banks in delivering credit and other financial services to individuals and small businesses. He emphasised supervisory expectations in terms of maintaining their business resilience and managing risks prudently.
RBI Governor meets heads of small finance banks ANI | Updated: Apr 30, 2021 19:04 IST
Mumbai (Maharashtra) [India], Apr 30 (ANI): Reserve Bank of India (RBI)Governor Shaktikanta Das on Friday held a virtual meeting with managing directors and CEOs of small finance banks to gauge potential stress on their balance sheets in the backdrop of rising Covid-19 cases and consequent localised lockdowns.
He discussed the current economic situation, credit flows to different segments of borrowers and the liquidity scenario, according to a statement released by the central bank.
Das recognised the important role of small finance banks in delivering credit and other financial services to individuals and small businesses. He emphasised supervisory expectations in terms of maintaining their business resilience and managing risks prudently.
The Reserve Bank of India on Friday held a meeting with heads of small finance banks on credit flows to different segments of the borrowers and get a sense of emerging stress on banks balance sheet in view of the current economic situation.The .
RBI Governor Shaktikanta Das and top officials of small finance banks on Friday discussed the outlook on potential stress on balance sheets and liquidity scenario, among other issues. The governor held a meeting with the MD/CEOs of small finance banks (SFBs) through video conference. It was also attended by deputy governors M K Jain, M D Patra, M Rajeswar Rao and a few other senior officials of the RBI, the central bank said in a statement. In his opening remarks, Das recognised the important role of the SFBs in delivering credit and other financial services to individuals and small businesses.