Business Liquidity problem could have been handled if power to print currency was in government's hand, says S Gurumurthy Updated : November 16, 2018 06:18 AM IST Gurumurthy also said imposition of tight provisioning norms for bad loans in one go created problems for the banking system. Gurumurthy further said India should not go beyond what has been prescribed in the Basel capital adequacy norms and made a case for enhancing credit for the MSME sector. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.