Indian Economy Has Started Showing Signs Of Returning To Normalcy: RBI
RBI Guv Shaktikanta Das said that the Indian economy has started showing signs of returning to normalcy in response to the staggered easing of lockdown restrictions.
He further added, "The need of the hour is to restore confidence, preserve financial stability, revive growth and recover stronger."
Das said this at the 7th SBI Banking and Economics Conclave.
He said that Indian companies and industries respond better in a crisis.
He further added, "Post containment of Covid-19, a very careful trajectory has to be followed in the orderly unwinding of counter-cyclical regulatory measures."