New Delhi, Dec 21 (KNN) Newly appointed Reserve Bank of India (RBI) Governor, Shaktikanta Das on Thursday met more state-run bankers to discuss issues related to relaxing the prompt corrective action (PCA) framework, liquidity and credit flows to MSMEs.

This is the second meeting between public sector lenders and RBI since Das took charge, following the sudden resignation of Urjit Patel.

The lenders who attended the meeting included Bank of Baroda, Bank of Maharashtra, Allahabad Bank, Indian Overseas Bank, Indian Bank, Syndicate Bank, United Bank of India and Uco Bank, among others.

As per media reports, one of the banker who attended the meeting said “It was a general feedback meeting. The RBI wants to know the state of individual banks. There were also discussions on issues related to liquidity and credit flows to the MSME sector.”

Das and the four deputy governors also deliberated on the prompt correction action (PCA) framework with these lenders, said another banker.

At the first meeting last Wednesday, the bankers had sought some easing in the one-day default norms announced by RBI through the February 12 circular, which nullified all other debt resolution mechanisms.

The meeting also decided many other steps, including a loan restructuring scheme for MSMEs with credit up to Rs 25 crore outside the IBC framework, and giving banks some concessions on capital adequacy norms.