RBI Board Meet: No decision on PCA norm review or liquidity yet

 

NEW DELHI: The much-anticipated RBI board meeting under new Governor Shaktikanta Das took no major decision on liquidity or PCA norms review today, sources said.

Citing the sources, ETNow reported that the next board meet will be held in January and will be timed according to the Union Budget.

The board is learnt to have discussed liquidity issues extensively and what actions should be taken to improve balance sheet of lenders. It also deliberated on capital infusion required for the system.

The new Governor acquainted himself with various issues on the table, the sources said, adding that provisioning for December and March quarters also featured in the talks.

This was the first RBI board meet with Das at the helm.

The meeting was expected to review the progress with respect of some of the decisions taken in the last meet on November 19.

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