26-April-2024
Economy News
 
Indian economy showing signs of returning to normalcy: RBI Governor
11-Jul-2020

The Indian economy has started showing signs of normalcy with ease in lockdown restrictions across the country, RBI Governor Shaktikanta Das said on Saturday. He added that post containment of COVID-19, a very careful trajectory has to be followed in orderly unwinding of countercyclical regulatory measures. The financial sector should return to normal functioning without relying on regulatory relaxation as the new norm, he added. "Indian economy has started showing signs of going back to normalcy after easing of restrictions," Governor Das said at the 7th SBI Banking and Economics Conclave.

News Source:- https://economictimes.indiatimes.com/news/economy/policy/indian-economys-medium-term-outlook-remains-uncertain-rbi-governor/articleshow/76905638.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23