RBI asks banks to strengthen lending

Mumbai, December 23

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 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.

The RBI, in its statement, said Das held meetings with the MD & CEOs of public sector banks and select private sector lenders on Tuesday and Wednesday, respectively, through video conferencing.

The meetings were also attended by the RBI’s deputy governors. — PTI

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