'Don't want to rock the boat': What MPC said after keeping rates unchanged

At the moment, G-SAP is not required but going forward, the G-SAP option, together with options of 'operation twist', and 'open market operations' are very much on the table.

Post the monetary policy resolution, the Reserve Bank of India (RBI) Governor Shaktikanta Das, and Deputy Governors (DGs) Michael Debabrata Patra, Mayank Jain, M Rajeshwar Rao, and T Rabi Sankar, spoke to the media on several issues ranging from the withdrawal of the G-SAP programme, liquidity management, inflation-growth dynamics, asset quality pressures on banks, and involvement of big tech in banking activities. Edited Excerpts:

What was the reason behind not conducting any more G-SAPs? 

Das: At the moment, G-SAP is not required but going forward, the G-SAP option, together with options of ‘operation twist’, and ‘open market operations’ are very much on