India at 'doorstep of revival process' from coronavirus: RBI governor

Both fiscal and monetary policy were counter-cyclical and accommodative and both were working in close symmetry, he added

Reserve Bank Governor Shaktikanta Das on Wednesday said the country is at the doorstep of economic revival on the back of accommodative monetary and fiscal policies being pursued by the central bank and the government.

Das was speaking at the launch of the book 'Portraits of Power: Half a Century of Being at Ringside', written by former bureaucrat and current chairman of the Finance Commission N K Singh.

"We are almost at the doorstep of revival process and it's very important that the financial entities have adequate capital (to support growth)," he said.

Many of them have already raised capital and others are