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RBI's liquidity, growth supporting measures crucial for recovery from 2nd COVID wave: Experts


RBI s liquidity, growth supporting measures crucial for recovery from 2nd COVID wave: Experts
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Last Updated: Jun 04, 2021, 05:27 PM IST
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Synopsis
Financial intelligence company Moody s Analytics said with COVID-induced restrictions likely to be eased only gradually, the sharp slowdown in domestic demand is set to weaken revival beyond the June quarter.
RBI in its monetary policy on Friday kept interest rates unchanged at record lows and committed to maintaining an accommodative policy stance to support growth.
The measures announced by RBI to maintain liquidity and support economic growth through lower interest rates will be crucial for recovery from the second wave of the COVID-19 pandemic, experts said on Friday. The RBI in its monetary policy on Friday kept interest rates unchanged at record lows and committed to maintaining an accommodative policy stance to support growth. ....

Amit Goyal , Radhika Rao , Aditi Nayar , Suman Chowdhury , George Alexander Muthoot , Nilaya Varma , Sanjay Palve , Alok Sheel , Abheek Barua , Bandhan Bank , J Sagar Associates Partner Anish Mashruwala , Emd Group , Acuite Ratings Research , India Sotheby International Realty , Macroeconomics Alok Sheel , India Sotheby , International Realty , Property Consultants Chairman Anuj Puri , Economist Aditi Nayar , Capital Senior Managing Director Sanjay Palve , Research Chief Analytical Officer Suman Chowdhury , Reserve Bank , Chief Economist Abheek Barua , Alexander Muthoot , Resolution Framework , Sagar Associates Partner Anish Mashruwala ,