: RBI battle-ready to support growth: Governor #FinanceIndia #StockMarketNEWS #Business New Delhi: RBI Governor Shaktikanta Das on Wednesday said that the economic recovery is still not well entrenched

@StockMarketNEWS Mon 21 Sep, 2020

Posted in: #Business #FinanceIndia #StockMarketNEWS

RBI battle-ready to support growth: Governor #FinanceIndia #StockMarketNEWS #Business
New Delhi: RBI Governor Shaktikanta Das on Wednesday said that the economic recovery is still not well entrenched and that the central bank is “battle ready??? to take appropriate measures to support growth.

Addressing a virtual conference organised by industry body FICCI, Das said that Gross Domestic Product (GDP) data released by the government was a “reflection of the ravages of the COVID-19???.

The economy contracted 23. 9 per cent during the April-June quarter on account of the strict lockdown imposed by the government towards end of March to check the spread of coronavirus infections.

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