RBI has been successful in preserving financial stability of the economy: Dr Duvvuri Subbarao
Talking about the monetary policy response of the RBI to the pandemic, Dr Duvvuri Subbarao, Former Governor, Reserve Bank of India, stated that all actions of the RBI were driven by the dual objective of achieving financial stability and preventing a financial crisis, and secondly, transmitting money to productive sectors of the economy. He was…
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