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Bankers OK with current liquidity position

Bankers OK with current liquidity position

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New Delhi: Indian bankers are comfortable with the current liquidity position and are raising resources to meet an anticipated credit demand as the economy picks up, a top official of a banker’s lobby said on Wednesday.

“Bankers are comfortable at this point of time as far as liquidity is concerned" K Ramakrishnan, chief executive officer of the Indian Banks’ Association, told reporters ahead of a meeting with the finance minister.

“The economy is picking up, if activity is accelerated, the demand for credit will go up."

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Published: 10 Jun 2009, 11:14 AM IST
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