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RBI's Impromptu Announcement
April 29, 2020

In continuation to its preponed monetary policy committee (MPC) meeting on March 27, 2020, the Reserve Bank of India (RBI) made a series of announcements on April 17. Besides sharing some insights on domestic macroeconomic variables, Shaktikanta Das, the governor, re-emphasized on the 4 key objectives outlined by the central bank - maintaining liquidity, incentivizing bank credit flows, easing financial stress, and normal functioning of the markets. The key takeaways from this announcement have been encapsulated in the attached note by the iFAST Research Desk for your perusal.


Author : iFAST Research Team


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