#capital conservation buffer

Kotak Mahindra Bank chief Uday Kotak welcomes RBI board decisions, says outcomes to be positive for economy

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Mumbai: Veteran banker, Uday Kotak, on Wednesday welcomed the decisions taken at the Reserve Bank of India’s recent board meeting, and said the outcomes will be positive for the economy.

After a nine-hour meeting held on Monday, the board took a slew of steps including a restructuring scheme for MSME borrowers with credit facilities of up to…