Have banks been put on alert: This is what RBI says

Vikash Aiyappa

Bhubaneswar, Dec 13: The Reserve Bank of India (RBI) said it has not put banks on alert, as reported by a section of media, but asked lenders to remain prepared to face emerging and new challenges.

RBI Governor Shaktikanta Das was in the city to attend a central board meeting. He also met Chief Minister Naveen Patnaik in the state capital.

"There is nothing like putting banks on alert though a section of media has reported. We have said that banks should remain prepared to face the emerging and new challenges," Das told reporters.

RBI keeps repo rate unchanged at 5.15%; Lowers GDP forecast from 6.1% to 5%

The RBI governor said he also discussed a host of banking-related issues with Patnaik during their meeting.

"We discussed on financial inclusion, bank branches in the state, credit flow to agriculture sector and streamlining of the DBT through e-Kuber platform in Odisha," Das said.

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