rbi package: Supporting individuals and small businesses rig

rbi package: Supporting individuals and small businesses right approach: SBI MD on RBI package


Explore Now
Reacting to Reserve Bank of India (RBI) Governor Shaktikanta Das's announcements to reduce the stress on small businesses and the MSME sector amid the second wave of Covid 2.0, Ashwini Kumar Tewari, MD,
SBI, says top corporates do not have a problem at the moment. "The direct impact is on individuals, small businesses and MSMEs," he says in an interview with ET Now. Edited excerpts:
The RBI is determined to cool down yields against the dictates of the market. Can a central bank, however powerful it may be, be able to fight against market forces?
This is the desirable objective. These are long-term papers and there is a large borrowing program. In terms of market participants wanting a higher yield, I would only point out to the fact that there is a reason why RBI has capped input from foreign investors which is significant but not indefinite. So they cannot really pull down the entire market and they are not fully invested also at this moment. So the RBI is right in trying to do this. The objective is desirable not only for RBI but also for the government. I do not see RBI failing. It has been able to do this so far.

Related Keywords

India , Ashwini Kumar Tewari , Shaktikanta Das , , Reserve Bank , Governor Shaktikanta Das , இந்தியா , அஸ்வினி குமார் திவாரி , இருப்பு வங்கி ,

© 2025 Vimarsana