Aviation NPAs a manageable problem: Chakrabarty

The Reserve Bank on Friday said the stress being faced by lenders from their exposures to the aviation sector is a manageable problem.

Yes,aviation is a problem 8230; a problem,at this stage we feel is manageable, RBI Deputy Governor KC Chakrabarty told reporters on the sidelines of an event here.

Chakrabarty declined to make account-specific comments but said RBI is keeping an eye on the developments. He also said the specially convened meeting on NPAs announced after the January 24 policy announcement,will be held either on February 29 or March 1.