Monday, June 1, 2020

Bank lending targets under Rs 20 lakh crore stimulus unfeasible: Former RBI deputy Governor Gandhi

Bank lending targets under Rs 20 lakh crore stimulus unfeasible: Former RBI deputy Governor Gandhi Speaking at a webinar hosted by payment system company Electronic Payments and Services, Gandhi said that the RBI needs to re-introduce a one-time restructuring package and mere moratoriums will not suffice in unprecedented times like the COVID-19 pandemic.

from Moneycontrol Business News https://ift.tt/2XsQhrb

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