The Governor of the Reserve Bank of India (RBI) held a video conference with the Managing Directors and CEOs of select private sector banks on May 25, 2021. He emphasised the vital role of these banks and urged them to promptly implement RBI's recent measures. The Governor also stressed the importance of ensuring continuous financial services, including credit facilities for individuals and businesses, despite the ongoing pandemic challenges.
RBI Governor meets MD CEOs of select Private Sector Banks over Video Conference
The Governor, Reserve Bank of India (RBI) held a meeting with the MD CEOs of select Private Sector Banks on May 25, 2021 through video conference. The meeting was attended by Deputy Governors Shri M. K. Jain, Dr. Mi
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FAQ :
The RBI Governor met with the MD & CEOs of select Private Sector Banks.
The meeting was held on May 25, 2021.
The Governor advised the banks to ensure continuity in the provision of various financial services, including credit facilities, and to implement RBI's announced measures swiftly.
The challenges brought on by the pandemic were mentioned.
Other topics included the economic situation, credit flows, implementation of Covid Resolution Framework 1.0, monetary policy, and liquidity.