RBI wants productive sectors to get credit

MUMBAI - Liquidity measures taken by the Reserve Bank of India (RBI) are to ensure that productive sectors of the economy receive credit, a senior official said on Friday.

"All efforts we have done is to ensure that the productive sectors get the credit," Usha Thorat, a deputy governor at the RBI, told reporters at a banking conference.

"All the steps we have taken, including the ones we announced yesterday, are intended for the same purpose," she said.