Shaktikanta Das. Photo: Kamlesh D Pednekar
The Reserve Bank of India (RBI) will not like the banking system to be in a situation of "loose money", Governor Shaktikanta Das said on Monday after a meeting with representatives of small- and medium-sized businesses.
is also looking at new governance reforms for state-owned banks
but will not "throttle" their functioning, Das told reporters.
Highlights of what the RBI governor said:
— As and when a decision on interim dividend is taken, RBI
will announce it.
— State of NPAs and health of public sector banks
a major focus currently
— Have met private and PSU bankers on liquidity issue; RBI has announced extra Rs 10,000 cr of open market operations
— Some issues faced by MSMEs come in RBI's domain but most of them are under the govt