Rajnish Kumar India city Kolkata hospital pandemic economy Government Rajnish Kumar India city Kolkata

Plenty of liquidity available in the system: SBI chief Rajnish Kumar

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KOLKATA : State Bank of India (SBI) chairman Rajnish Kumar on Thursday said that there is enough liquidity available in the system and also interest rates have moderated to a large extent.Speaking at a webinar organised by Bharat Chamber of Commerce, Kumar said that both the RBI and the government have taken measures to bring back the economy, derailed by the pandemic, back on track."The government and the RBI have taken measures to bring back the economy to the path of revival", he said.Kumar said the RBI has been giving calibrated responses quickly and ensured that there is enough liquidity in the system.According to him, interest rates have also moderated to a large extent.He said that government has taken steps to make direct bank.

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