Will take steps if there is liquidity shortage: RBI Governor
New Delhi, Jan 8: 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).
"We are constantly monitoring it," he said on the liquidity issue. "We believe liquidity needs are largely met."
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.
On the meeting with MSMEs, he said banks have been asked to look at the viability of MSMEs before loan restructuring.
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Two arrested for allegedly sexually assaulting woman at knifepoint in Kochi
Kochi (PTI): Two persons have been arrested after a three-member gang allegedly sexually assaulted a woman at knifepoint near Ernakulam Junction Railway station, officials said on Friday.
The arrested accused were identified as Danish (26), a native of Varkala in Thiruvananthapuram district, and Rahul (39), a native of Paravoor in Kollam district.
Police officials said they were searching for the prime accused, Sanjay, a native of Aroor in Alappuzha district.
According to police, the incident occurred on the night of May 5 when the victim was chatting with her friend near a closed hotel near Ernakulam Junction Railway station.
Officials said the accused approached them, attacked the victim’s friend and then allegedly threatened the woman with a knife before sexually assaulting her.
Police said the accused also allegedly disrobed the victim during the attack.
However, the woman managed to escape from the spot and approached a nearby shop for help.
Police were informed immediately and shifted the victim to the police station.
Officials said the accused were heavily drunk at the time of the incident and went into hiding soon after the attack.
Police registered a case on May 6 under charges including rape, disrobing a woman, criminal intimidation and robbery.
The two accused were later arrested in the city, while efforts are continuing to trace Sanjay, police said.
The accused were produced before a court and remanded to judicial custody.
