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Surplus, liquidity issues likely to rock Reserve Bank's November 19 board meeting

Updated : November 12, 2018 08:52 AM IST

Sources said the government nominee directors and a few independent directors could raise the issue of interim dividend along with the capital framework of RBI.
Other issues which could be raised include alignment of capital adequacy norms with those in advanced countries and some relaxation in the Prompt Corrective Action framework, sources said, adding more measures to enhance lending to MSMEs and NBFCs may also be discussed.
Economic affairs secretary Subhash Chandra Garg had said that the government was not in any dire needs of funds and that there was no proposal to ask the RBI to transfer Rs 3.6 lakh crore.
Surplus, liquidity issues likely to rock Reserve Bank's November 19 board meeting

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