(Pooja Pal; Journalist): Reserve Bank of India (RBI) Governor Shaktikanta Das is addressing the ‘7th SBI Banking and Economics Conclave’. SBI Chairman Rajnish Kumar and others have addressed this two-day conclave through video conferencing.
Das is addressing this conclave at a time when the cases of coronavirus are continuously increasing in the country. On the other hand, there are signs of recovery on many economic fronts. It is noteworthy that the country’s central bank has taken several measures given the crisis arising due to coronavirus. Keeping in view the economic conditions of the country, the central bank has reduced the repo rate in the last two bi-monthly meetings. Along with this, the central bank has also taken several steps to ensure adequate availability of cash in the system.
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