Business »  Topic »  Below the line: Will RBI blink?

Below the line: Will RBI blink?

Will Reserve Bank of India (RBI) Governor Shaktikanta Das show his shakti again in the coming weeks? The buzz in the corridors of power is that Das may well have to blink in the face of bad loans in August itself, given that the moratorium period on consumer loans is coming to an end this month.

The upcoming Monetary Policy Committee (MPC) Review on August 4-6 could well be an ideal occasion for the RBI Governor to make a one-time restructuring announcement, feel industry insiders. Either way, it will take about six months for industry to see the benefits of ...

Read the full text thehindubusinessline