RBI still has enough firepower left to handle the situation: Governor Das

There would be a very careful recalibration of emergency measures once an end to Covid-19 was in sight, RBI Shaktikanta Das said while delivering the keynote address at the BS Unlock BFSI 2.0 webinar

The Reserve Bank of India (RBI) would consider a "very careful, very calibrated unwinding of emergency measures" for the economy once an end to the coronavirus pandemic was in sight, Governor Shaktikanta Das said on Thursday, urging banks to strengthen their finances.
 
“Banks' balance sheets will be under stress — that is stating the obvious. What is more important is how banks react and respond to the challenge," Das said while delivering the keynote address at the finale of Business Standard’s six-part webinar series ‘Unlock BFSI 2.0’.
 
"Overall, the banking sector continues to be sound and stable," Das