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Das-Led MPC Keeps Repo Rate Steady | RBI Governor | Finance Latest English News
Posted
April 8, 2022
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April 8, 2022
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5:52Now PlayingThe Reserve Bank of India, or RBI, is holding a press conference today, on the decisions taken by it during its Monetary Policy Committee (MPC) meeting that had started on April 6 and concluded today. RBI Governor Shaktikanta Das today said that the Reserve Bank will continue to adopt a nuanced, nimble approach to liquidity management while ensuring adequate liquidity in the system. Das further added that the central bank will engage in gradual, multi-year withdrawal of Rs 8.5 lakh crore excess liquidity in the system. "Two years after the pandemic, the global economy has seen tectonic shifts beginning Feb 24 with the commencement of the war in Europe, followed by sanctions and escalating geopolitical tensions," says RBI Governor, Shaktikanta Das
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