Ready To Be Lender Of Last Resort\, But No Need For It At Present: RBI

Ready To Be Lender Of Last Resort, But No Need For It At Present: RBI

The Reserve Bank of India says economy is at a level of aggregate credit growth which remains comfortably in excess of nominal GDP growth with a fairly robust distribution across sectors.

All India | | Updated: December 06, 2018 07:31 IST
Ready To Be Lender Of Last Resort, But No Need For It At Present: RBI

Reserve Bank of India says it is guided by the principle of addressing system-wide liquidity. (File)