Govt ready to take more steps for easy cash: FM

Finance Minister P Chidambaram says more steps would be taken to provide liquidity if cash conditions were tight.

Updated on: Sep 18, 2008, 13:32:43 IST

Reuters | By HT Correspondent, Mumbai

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Finance Minister Palaniappan Chidambaram said on Thursday more steps would be taken to provide liquidity if cash conditions were tight, adding global turmoil would partly impact credit availability in India.

He also said public sector banks have virtually no exposure to the debt of Lehman Brothers, which filed for bankruptcy in the United States this week.

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