RBI Governor Shaktikanta Das ask banks to strengthen lending capacity

RBI Governor Shaktikanta Das ask banks to strengthen lending capacity

The Reserve Bank of India (RBI) governor Shaktikanta Das has asked banks to take proactive measures to strengthen their resilience and lending capacity by raising capital, the central bank said in a statement on Wednesday.

During a two-day meeting with heads of banks, including the private sector lenders, the governor emphasised on the need to remain vigilant and make provisions against bad loans proactively.null

Das had held similar meetings in May as well. He had also met with representatives of other financial institutions like Non-Banking Financial Companies (NBFC) and microfinance lenders.

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