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Signs Of Normalcy In Economy But Medium-Term Outlook Uncertain: RBI Chief

  • Saturday | 11th July, 2020

Reserve Bank of India (RBI) Governor Shaktikanta Das said on Saturday that the country`s economy has started to show signs of normalcy with easing of COVID-19-related lockdown restrictions, however "a very careful trajectory" has to be followed after the containment of the pandemic. The economy`s medium-term outlook remains uncertain even though the country has started re-opening after over two months of a nationwide lockdown, as demand and supply shocks due to the coronavirus still loom large, Mr Das said in his keynote address at the seventh SBI Banking and Economics Conclave.

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