"Demand has now moved beyond pent-up demand to actual demand coming up. I think the demand curve is expected to be now much more sustained," Das told reporters during the post-policy conference call.
Read more about RBI extends deadline for last tranche of capital conservation buffer on Business Standard. The capital conservation buffer ensures that banks have an additional layer of usable capital that can be drawn down when losses are incurred
The Reserve Bank s Monetary Policy Committee (MPC) voted unanimously to leave the repo rate unchanged at 4 per cent, Governor Shaktikanta Das said while announcing the decisions taken by the panel.
"To make the alternate dispute redress mechanism simpler and more responsive to the customers of regulated entities, it has been decided to implement, inter alia, integration of the three Ombudsman schemes and adoption of the One Nation One Ombudsman approach for grievance redressal," Governor Shaktikanta Das said on Friday.