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This Article is From Dec 12, 2019

RBI Has Not Put Banks On Alert, Says Governor Shaktikanta Das

RBI Has Not Put Banks On Alert, Says Governor Shaktikanta Das
Reserve Bank of India Governor Shaktikanta Das. (Photographer: Dhiraj Singh/Bloomberg)

The Reserve Bank of India on Thursday said it has not put banks on alert, as reported by a section of media, but asked lenders to remain prepared to face emerging and new challenges.

RBI Governor Shaktikanta Das was in Odisha to attend a central board meeting. He also met Chief Minister Naveen Patnaik in the state capital.

"There is nothing like putting banks on alert though a section of media has reported. We have said that banks should remain prepared to face the emerging and new challenges," Das told reporters.

The RBI governor said he also discussed a host of banking-related issues with Patnaik during their meeting.

"We discussed on financial inclusion, bank branches in the state, credit flow to agriculture sector and streamlining of the DBT through e-Kuber platform in Odisha," Das said.

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