Central bank will take steps if there is a liquidity shortage: RBI Governor

Vastavam web: Reserve Bank Governor Shaktikanta Das Monday said the central bank will take steps if there is a liquidity shortage in the economy, though currently liquidity needs are largely met. Das, who met associations of small and medium enterprises in the national capital, will meet non-banking financial companies (NBFCs) on Tuesday to get a perspective on liquidity needs, he told reporters here. Banks, he said, have been asked to look at the viability of individual proposals for loan restructuring of Micro, Small and Medium Enterprises (MSMEs). RBI, he said, will take steps if there is a liquidity shortage. Infusion of liquidity in the market will be need-based, he said adding RBI will maintain adequate liquidity.