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Critical RBI Board Meeting Comes to an End After Nine Hours

It wasn't immediately clear whether it had come to any conclusions in a dispute with the government over easing liquidity for the financial sector and increasing credit to small businesses.

Reuters

Updated:November 19, 2018, 7:54 PM IST
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Critical RBI Board Meeting Comes to an End After Nine Hours
File photo of RBI headquarters in Mumbai. (Reuters)
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Mumbai: The Reserve Bank of India (RBI) concluded a critical day-long board meeting. It wasn't immediately clear whether it had come to any conclusions in a dispute with the government over easing liquidity for the financial sector and increasing credit to small businesses.

The government has been pressing the RBI to reduce capital ratios for banks, which would speed up loans to small businesses in remote parts of the country.

Further details are awaited.
(Get detailed and live results of each and every seat of the state Assemblies in Madhya Pradesh, Rajasthan, Telangana, Chhattisgarh and Mizoram to know which candidate/party is leading or trailing and to know who has won and who has lost and by what margin. Our one-of-its-kind Election Analytics Centre lets you put on the psephologist's hat. Know interesting facts and trivia about the elections. Elections = News18)
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