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RBI Governor Shaktikanta Das said, the credit growth is expected to pick up in the coming months.

Newdelhi:15/2/20:Union Finance Minister Nirmala Sitharaman today held a post-budget meeting with the Central Board of Directors of Reserve Bank of India in New Delhi.

Briefing media after the meeting, the Finance Minister said, they are monitoring banks on credit flow to the agriculture sector. She said the merger of banks did not come up for discussion during the meeting.

RBI Governor Shaktikanta Das said, the credit growth is expected to pick up in the coming months. The surplus liquidity is helping monetary policy transmission.

The RBI will ensure that there is adequate liquidity. Mr Das said, the transmission of rate cuts are slowly and steadily improving and are expected to improve further.

The RBI Governor further said that the growth projection of six percent has been given for the next year which is in line with the Economic Survey projection.

About Ashok Palit

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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