RBI Governor Shaktikanta Das to speak on Wednesday

The Reserve Bank of India Governor, Shaktikanta Das, is to deliver a speech at 10 AM on Wednesday, the central bank said on Twitter.

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"Watch out for the address by RBI Governor," it said, but gave no details. Coronavirus infections surged past 20 million in the world`s second most populous nation on Tuesday.

10 बजे प्रेस कॉन्फ्रेंस करेंगे RBI गवर्नर

किन 2 बड़ी बातों पर होगा शक्तिकांता दास का फोकस?

RBI गवर्नर की प्रेस कॉन्फ्रेंस से कितना बढ़ेगा कॉन्फिडेंस?

अनिल सिंघवी- पहला फोकस इंडस्ट्री और दूसरा फोकस बैंकों पर…#EditorsTake #RBI #ShaktikantaDas @AnilSinghvi_ pic.twitter.com/Hqj7jL4yyS

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Bankers have asked the RBI for a moratorium of three months, particularly for retail and small borrowers, who have been the worst hit in the second wave of the pandemic, news channel CNBC-TV18 said, citing unidentified sources.

The announcement of relief needs to be done at the earliest to prevent accumulation of stress, the sources said.

Last year, the central bank declared a moratorium for a total of six months for all borrowers.