Mumbai, August 27
*Debt decision framework is anticipated to offer sturdy reduction to debtors dealing with COVID-related misery: RBI Governor Shaktikanta Das.
*Post containment of pandemic, cautious trajectory must be adopted for unwinding; monetary sector ought to return to normalcy: RBI Guv.
*By no sense ought to it’s assumed that RBI will unwind the measures quickly, Governor Das clarifies.
*Overall, the banking sector continues to be sound and secure: Shaktikanta Das.
*Consolidation of PSBs a step in proper course; dimension of banks is crucial, however effectivity is much more vital: RBI Guv.
*Being overly risk-averse is self-defeating for banks, says RBI chief.
*RBI Governor says there may be appreciable room for enchancment in banks to keep away from frauds.
*To say that banks will face stress is stating the apparent; what’s extra vital is how banks react and reply to the problem: RBI Guv.
*Proactive elevating of capital will likely be essential to enhancing resilience of banks, monetary sector: Shaktikanta Das.
*Once there may be readability on COVID-19 curve and different points, RBI will begin giving its estimates on inflation and progress, says Guv Das.
*We haven’t exhausted our ammunition, whether or not on charge cuts or different coverage actions: RBI chief Das. PTI