RBI Governor says, comprehensive regulatory framework to be introduced to curb illicit loans

June 9, 2022 9:31 PM

RBI Governor says, comprehensive regulatory framework to be introduced to curb illicit loans

The Reserve Bank of India (RBI)'s Governor Shaktikant Das today said that a comprehensive regulatory framework will be introduced to curb illicit loans through digital channels. This is a new challenge to face and resolve. Governor Shaktikant Das was delivering the first lecture at the Iconic Week Celebration of the Central Board of Indirect Taxes and Customs. The e-lectures series on financial important topics, related to the National issues is organised on this Iconic Week. In his key...

Banking sector on "course to recovery" as afflicting NPAs recede: RBI Governor

January 1, 2019 9:55 AM

Banking sector on "course to recovery" as afflicting NPAs recede: RBI Governor

RBI Governor Shaktikanta Das has said, the banking sector is on "course to recovery" as the afflicting non-performing assets recede, but state-run lenders need reforms in governance. The RBI Governor Shaktikanta Das said in his foreword to RBI's half-yearly financial stability report (FSR) in Mumbai yesterday, even though the current NPA levels are high, stress tests done by the RBI have pointed to an improvement in the ratio in future.