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Growth momentum needs to be strengthened: Shaktikanta Das


Growth momentum needs to be strengthened: Shaktikanta Das
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Growth momentum needs to be strengthened: Shaktikanta Das
PTI / Feb 23, 2021, 14:25 IST
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RBI governor Shaktikanta Das (File photo)
MUMBAI: The growth momentum needs to be strengthened for a sustained revival of the economy and quick return to the pre-Covid trajectory, opined RBI governor Shaktikanta Das while pitching for a status quo on rates at the last meeting of the Monetary Policy Committee (MPC).
All the six members of the MPC had voted for keeping the policy repo rate unchanged at 4 per cent at the three-day meeting which began on February 3, citing similar reasons.

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MPC minutes: Premature rollback of RBI policies could derail nascent growth, says Shaktikanta Das


MPC minutes: Premature rollback of RBI policies could derail nascent growth, says Shaktikanta Das
As per the minutes, the Governor also said that the RBI will continue to respond to global spillovers to secure domestic stability with its liquidity management operations
File photo of RBI governor Shaktikanta Das. Reuters
Mumbai: RBI Governor Shaktikanta Das voted for status quo at the last bi-monthly monetary policy review arguing that premature rollback of policies undertaken to mitigate the impact of the pandemic would be detrimental to nascent growth and recovery, minutes of the meeting showed on Friday.
All members of the Monetary Policy Committee (MPC) Shashanka Bhide, Ashima Goyal, Jayanth R Varma, Mridul K Saggar, Michael Debabrata Patra and Shaktikanta Das had voted for maintaining status quo in the policy review announced on 4 December.

Mumbai , Maharashtra , India , Jayanthr-varma , Shashanka-bhide , Michael-debabrata-patra , Ashima-goyal , Shaktikanta-das , Monetary-policy-committee , Mridulk-saggar , Reserve-bank , மும்பை

Premature rollback of RBI policies could derail nascent growth: Das


Premature rollback of RBI policies could derail nascent growth: Das
All members of the Monetary Policy Committee (MPC) Shashanka Bhide, Ashima Goyal, Jayanth R Varma, Mridul K Saggar, Michael Debabrata Patra and Shaktikanta Das had voted for maintaining status quo in the policy review announced on December 4.
RBI Governor Shaktikanta Das addresses media conference, in Mumbai today
ANI
RBI Governor Shaktikanta Das voted for status quo at the last bi-monthly monetary policy review arguing that premature rollback of policies undertaken to mitigate the impact of the pandemic would be detrimental to nascent growth and recovery, minutes of the meeting showed on Friday.

Jayanthr-varma , Shashanka-bhide , Michael-debabrata-patra , Ashima-goyal , Shaktikanta-das , Monetary-policy-committee , Mridulk-saggar , Reserve-bank , Governor-patra , Director-saggar , மைக்கேல்-தேவப்ரதா-பத்ரா , ஆஷிமா-கோயல்

Premature rollback of RBI policies could derail nascent growth: RBI Governor Shaktikanta Das

Premature rollback of RBI policies could derail nascent growth: RBI Governor Shaktikanta Das
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Jayanthr-varma , Shashanka-bhide , Michael-debabrata-patra , Ashima-goyal , Shaktikanta-das , Monetary-policy-committee , Reserve-bank , Mridulk-saggar , Governor-patra , Director-saggar , மைக்கேல்-தேவப்ரதா-பத்ரா , ஆஷிமா-கோயல்