MUMBAI, Sept 22 – India must seek sustainable growth through medium-term investments and sound financial and structural reforms once the global pandemic is over, Reserve Bank of India Governor Shaktikanta Das said on Wednesday. “As we recover, we must deal with the legacies of the crisis and create […]
BENGALURU – The Reserve Bank of India (RBI) will change its stance to ‘neutral’ next month and cut interest rates in June at the latest, according to a Reuters poll of economists pointing to an extraordinary U-turn in policy. Just a month ago, economists predicted rates would start […]
MUMBAI – The new head of India’s central bank said on Wednesday he would consult more closely with the government on policy issues and meet heads of state-run lenders within hours to address problems facing the banking sector. Marking a clear break with the policy approach of his […]
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