Home / Finance / News / Economic recovery stronger than expected: RBI governor Shaktikanta Das

Economic recovery stronger than expected: RBI governor Shaktikanta Das

The RBI is scheduled to announce its monetary policy next week where it is expected to give its outlook on growth

Premium

Reserve Bank of India Governor Shaktikanta Das

4 min read Last Updated : Nov 27 2020 | 12:09 AM IST

A day before the release of the second-quarter growth numbers, Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said the economy had exhibited a stronger-than-expected pick-up in momentum of recovery, but warned that the recent surge in Covid-19 infections in advanced economies and parts of India continued to pose a potent risk to growth.

The RBI is scheduled to announce its monetary policy next week where it is expected to give its outlook on growth. Analysts don’t expect further rate cuts by the central bank, especially as the past cuts have not been fully transmitted yet, and the economic

Topics : Reserve Bank of India Shaktikanta Das monetary policy committee RBI rate cut

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in