RBI remains steadfast to take measures to support growth: Shaktikanta Das
by Nidhi Bhati
Reserve Bank of India (RBI) Governor Shaktikanta Das said that the central bank remains steadfast to take any further measures, as may be necessary, while at the same time remaining fully committed to maintaining financial stability. Das is of the view that the overall objective of financial stability policies must be closely intertwined with the health of the real economy. The financial stability needs to be seen in a broader perspective and must include not just the stability of the financial system and price stability but also fiscal sustainability and external sector viability. Das also emphasised on the need for banks to raise resources in advance as a buffer to maintain financial stability.
| References | ||
|