RBI looks for fault lines due to rate stress

Asks Bankers To Convey Problems In Mobilising Deposits To Meet Rising Credit Demand

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Mumbai: The RBI has asked bank chiefs for details on sectors or borrowers likely to come under stress because of rising interest rates. The central bank has also asked whether there are concerns over the ability to mobilise deposits and meet credit demand.

RBI governor Shaktikanta Das, deputy governor M K Jain and other senior central bank officials held on Wednesday separate meetings with chiefs of public sector and private banks to get feedback on business growth.