Wednesday, September 1, 2021

RBI’s 3-in-1 function key to stability during Covid: Das

“In the wake of the pandemic, when fiscal response resulted in a sharp increase in government borrowing, the market operations conducted by Reserve Bank not only ensured non-disruptive implementation of the borrowing programme, but also facilitated the stable and orderly evolution of the yield curve,” Das said.

from Markets-Economic Times https://economictimes.indiatimes.com/markets/stocks/news/rbi-role-as-full-service-central-bank-helped-keep-financial-system-stable-shaktikanta-das/articleshow/85821319.cms

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