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‘Demand-supply imbalances may exert pressure on food prices; banks must gird for higher provisions’
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Slippery path: Edible oils and pulses may continue to see pressure due to supply issues, the RBI says. | Photo Credit:
PTI
‘Demand-supply imbalances may exert pressure on food prices; banks must gird for higher provisions’
Embattled by new waves of COVID-19 infections and mutant strains of the virus, the slow pace of inoculation in several parts of the world and vaccine protectionism, the global and domestic outlook has once again turned grim and overcast with extreme uncertainty and downside risks, the Reserve Bank of India (RBI) said in its annual report for 2020-21.