"Will hold meetings with MSME associations and representatives of NBFCs next week," Das said in a tweet.
On Tuesday, the RBI permitted a one-time restructuring of existing loans that are in default but "standard" as on January 1, 2019, without an asset classification downgrade.
Support for MSMEs was amongst the many contentious issues between the RBI and the government. It was also widely speculated to be the main reason for the abrupt resignation of previous RBI Governor Urjit Patel last month.
Recently, the newly appointed RBI Governor also met chiefs of public sector and private sector banks to know their concerns and issues affecting the lenders.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz
This website uses cookies.