The Governor, Reserve Bank of India held a meeting today with the MD & CEOs of major public sector banks. In his opening remarks, Governor noted that there has been some improvement in banking sector and the sector remains resilient even though current economic conditions may pose certain challenges. He urged the banks to proactively tackle the emerging challenges swiftly, particularly with regard to the stressed assets resolution in a co-ordinated manner.
During the meeting, the following issues were discussed:
Press Release: 2019-2020/1409
from PRESS RELEASES FROM RBI https://ift.tt/36tXecP