Growth is highest priority as of now, every policymaker is concerned with it: RBI Governor

NEW DELHI, Aug 19: Growth is the highest priority as of now, every

policymaker is concerned with it, says RBI Governor Das.

Weaker-than-expected growth with signs of slowdown is

the key risk to global financial stability, though banks are

more resilient to shocks, says Das.
RBI Governor says IBC amendments will help ring-fence banks;

wants state-run banks to access capital from markets rather

than depending on Govt.

RBI is keeping a close watch on the interconnectedness

of banks and non-banking finance companies said Das.

All regulations put in place by the NHB will continue

for HFCs; RBI reviewing some of the norms says Das.
RBI Governor calls for urgent review of corporate

governance at state-run banks.
RBI Governor expects more banks to move to repo-linked
loan and deposity pricing; wants faster lending rate cuts.

(agencies)