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RBI Governor Shaktikanta Das' address highlights | 'We haven't exhausted our ammunition'

RBI Governor Shaktikanta Das' address highlights | 'We haven't exhausted our ammunition'

Reserve Bank of India (RBI) Governor Shaktikanta Das delivered a keynote address at ‘Unlock BFSI 2.0’ on August 27.
Here's what the RBI Governor said:
> The RBI "will not unwind any measures immediately".
> "We are monitoring the situation and we will have a very cautious exit plan. The RBI is taking a long-term view on resolutions and measures."

> The COVID-19 pandemic continues to keep the world on the edge and the world is struggling to find a vaccine, Das said. "The spread continues unabated in India, but the fatality rate is much lower here. The economic impact is hard to measure."
> "Framework for COVID-related resolutions is well thought of and has been taken after due consultations," Das asserted.
> Das said that the central bank’s response to COVID-19 is unprecedented and that a “very calibrated and cautious plan (for the economy) is needed post-COVID-19”

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