20-April-2024
Banking
 
Geopolitical developments: RBI Governor Shaktikanta Das asks banks to take mitigating steps to minimise impact on balance sheets
19-May-2022

Reserve Bank Governor Shaktikanta Das has asked banks to remain watchful of the ongoing geopolitical developments and proactively take mitigating measures, including raising capital, to minimise the potential impact on their balance sheets. The governor along with other RBI officials held meetings with MD and CEOs of select public and sector banks on Wednesday and the day before, the Reserve Bank of India (RBI) said in a statement.

News Source:- https://www.financialexpress.com/economy/geopolitical-developments-rbi-governor-shaktikanta-das-asks-banks-to-take-mitigating-steps-to-minimise-impact-on-balance-sheets/2529044/