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RBI's liquidity, growth supporting measures crucial for recovery from 2nd COVID wave: Experts

RBI s liquidity, growth supporting measures crucial for recovery from 2nd COVID wave: Experts
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Last Updated: Jun 04, 2021, 05:27 PM IST
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Financial intelligence company Moody s Analytics said with COVID-induced restrictions likely to be eased only gradually, the sharp slowdown in domestic demand is set to weaken revival beyond the June quarter.
RBI in its monetary policy on Friday kept interest rates unchanged at record lows and committed to maintaining an accommodative policy stance to support growth.
The measures announced by RBI to maintain liquidity and support economic growth through lower interest rates will be crucial for recovery from the second wave of the COVID-19 pandemic, experts said on Friday. The RBI in its monetary policy on Friday kept interest rates unchanged at record lows and committed to maintaining an accommodative policy stance to support growth. ....

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RBI policy will help revive growth amidst second wave of Covid, say Bankers

The status quo on rates and the accommodative stance of the Reserve Bank of India will help revive growth amidst the second wave of the Covid-19 pandemic, bankers said.“The RBI approach to continue wi ....

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Unlocking this time will possibly be more cautiously done: Siddhartha Sanyal, Chief Economist, Bandhan Bank

Unlocking this time will possibly be more cautiously done: Siddhartha Sanyal, Chief Economist, Bandhan Bank
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Last Updated: May 25, 2021, 01:56 PM IST
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We have to unlock at some point in time. The kind of numbers we are talking about in terms of the pace of vaccination, obviously we cannot continue with a complete lockdown.
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Can we unlock and do we need to find a safe way to unlock without waiting for vaccines because clearly the wait to cover 60-70% of India’s population is going to be a long one?
Siddhartha Sanyal: We have to unlock at some point in time. The kind of numbers we are talking about in terms of the pace of vaccination, obviously we cannot continue with a complete lockdown. Forget 60%, even for 30%-40% of the population is not possible. Having said that, given that this time the disease had been mortality quotient had often been very high, also there are possibilities and dis ....

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N Rangachary advocates setting up National Assets Depository Ledger to address business risks and data privacy issues

Hyderabad (Telangana) [India], May 4 (ANI/NewsVoir): "It was the spring of hope, it was the winter of despair" - the words of Charles Dickens during the French Revolution echoed in an inaugural address by N Rangachary, the founding Chairman of Insurance Regulatory and Development Authority of India (IRDAI). ....

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Stock Market: Look out for how things pan out beyond Q1 of FY22: Siddhartha Sanyal

“The rupee in the near term will be linked more with the capital account flows.” ....

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