RBI to eye Q3 results before easing lending curbs on some banks
The government of Prime Minister Narendra Modi has been pressuring the central bank to ease the curbs on at least some of the banks in an attempt to boost lending and the economy ahead of a general election due to be held by May.
The RBI’s Board for Financial Supervision (BFS), chaired by the central bank’s new Governor Shaktikanta Das, met on Thursday and looked at estimates for the financial performance of the banks in the October-December quarter.
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