It wasn't immediately clear whether it had come to any conclusions in a dispute with the government over easing liquidity for the financial sector and increasing credit to small businesses.
Mumbai: The Reserve Bank of India (RBI) concluded a critical day-long board meeting. It wasn't immediately clear whether it had come to any conclusions in a dispute with the government over easing liquidity for the financial sector and increasing credit to small businesses.
The government has been pressing the RBI to reduce capital ratios for banks, which would speed up loans to small businesses in remote parts of the country.
Further details are awaited.
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