RBI Central Board Meeting Summary

The RBI Central Board decided to constitute an expert committee to examine the ECF(Economic Capital Framework).The Board also advised to consider the scheme for restructuring of stressed standard assets of MSME borrowers with aggregate credit facility of upto ₹250 million,subject to such conditions as are necessary for ensuring financial stability.The transition period for implementing the last tranche of 0.625% under the capital conversion buffer(CCB) extended further to one year,i.e. upto March 31^st ,2020.