RBI Governor Urjit Patel informs the parliamentary group on the demonetization and the NPA crisis



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New Delhi: On Tuesday, November 27, RBI Governor Urjit Patel appeared before a parliamentary panel to discuss his work on the demonetization and status of NPAs in public sector banks, according to sources. should appear before the panel on November 12.

The source explained that problems related to the demonetization in November 2016 of old Rs 500,000 banknotes, reforms of the RBI, badets of the banking system and the situation of the economy,

The governor of the RBI appeared before the panel a few days after the central bank's confrontation with the finance ministry over issues ranging from the appropriate size of reserves to be maintained by RBI to easing the standards of ready for small and medium businesses.

Former Prime Minister Manmohan Singh is a committee member led by Congress leader and former Union Minister, Mr. Veerappa Moily. [19659006] [ad_2]
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