RBI role as full-service central bank helped keep financial system stable: Shaktikanta Das

“In the wake of the pandemic, when fiscal response resulted in a sharp increase in government borrowing, the market operations conducted by Reserve Bank not only ensured non-disruptive implementation of the borrowing programme, but also facilitated the stable and orderly evolution of the yield curve,” Das said.

from Banking/Finance-Industry-Economic Times https://ift.tt/3zy8WCm