Reserve Bank of India Deputy Governor N S Vishwanathan has called for higher provisioning to make banks' balance sheet neat and clean. This, according to him, may help support and boost credit growth.
"Provisioning by banks in India needs to be substantially higher to make their balance sheet more resilient and boost credit growth," he said at an interactive session organized by the Merchants' Chamber of Commerce and Industry in Kolkata on October 13.
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By IndianMandarins - 2017-10-14 11:26:51
Reserve Bank of India Deputy Governor N S Vishwanathan has called for higher provisioning to make banks' balance sheet neat and clean. This, according to him, may help support and boost credit growth.
"Provisioning by banks in India needs to be substantially higher to make their balance sheet more resilient and boost credit growth," he said at an interactive session organized by the Merchants' Chamber of Commerce and Industry in Kolkata on October 13.
