RBI introduces Rs 15,000 crore liquidity window for contact-intensive sectors; loans of up to Rs 50 crore for MSMEs can be restructured
By way of an incentive, banks will be permitted to park their surplus liquidity up to the size of loan book created under this scheme with the RBI under reverse repo window at a rate which is 25 basis points lower than repo rate.
Jun 04, 2021, 20:31 PM ISTRBI initiates inspection of Syndicate Bank
Admitting that there are governance issues in the public sector banks, RBI Governor Raghuram Rajan underlined the need for improving transparency in sanction of loans.
Aug 05, 2014, 13:48 PM IST