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RBI will not allow 'loose money' situation: Shaktikanta Das

Reuters
New Delhi, Delhi, IndiaUpdated: Jan 07, 2019, 02:00 PM IST
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File photo: RBI Governor Shaktikanta Das. Photograph:(Zee News Network)

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The RBI is also looking at new governance reforms for state-owned banks but will not "throttle" their functioning, Das told reporters.

The Reserve Bank of India (RBI) will not like the banking system to be in a situation of "loose money", Governor Shaktikanta Das said on Monday after a meeting with representatives of small- and medium-sized businesses.

The RBI is also looking at new governance reforms for state-owned banks but will not "throttle" their functioning, Das told reporters.