SBP is working to develop proper liquidity management framework and instruments to allow the IBs progress in a prudent and sound manner. SME sector faces a host of both demand and supply side constraints impeding delivery.
The RBI can play a supportive role here”. There has been a recent review (December 2004) of the recommendations of the Advisory Groups constituted by the Standing Committee on International Financial Standards and Codes published in January 2005 RBI Bulletin.