INSUBCONTINENT EXCLUSIVE:
Shaktikanta Das said the RBI would continue to support the economic growthMumbai (Maharashtra): All COVID-related liquidity relief measures
extended by the central bank have come with a sunset date and would be withdrawn in due course, Reserve Bank of India (RBI) Governor
Shaktikanta Das said on Monday.Addressing an event organised by the Confederation of Indian Industry (CII), Mr Das said, "any relief, RBI
has given, has a sunset date, those reliefs were given in timeframe manner
It has an opening and closing date."The RBI Governor said the central bank would come out with a mechanism to ensure that the liquidity
measures are withdrawn smoothly."We will ensure abundant liquidity to meet the requirements of the productive sectors of the economy
Rs 17 lakh crore liquidity support was provided," Mr Das said.Mr Das said the RBI would continue to support the economic growth
"Indian economy is on growth path as many high frequency indicators of economic activity are in green
Our CAD (current account deficit) is low and our forex reserves quite high," he said.(Except for the headline, this story has not been
edited by TheIndianSubcontinent staff and is published from a syndicated feed.)
