Sunday 27 September 2020
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business-standard - 11 days ago

Benign Financing Conditions Spurred Record Issuance Of Corporate Bonds Worth Around Rs 3.2 Lakh Crore Says RBI Governor

The Reserve Bank of India Governor Shaktikanta Das stated in a speech at FICCI s National Executive Committee Meeting today that the immediate policy response to COVID in India has been to prioritize stabilization of the economy and support a quick recovery. While dealing with the immediate crisis management challenges, we need to strategically prepare for our combined overriding goal - the pursuit of strong and sustainable growth, he noted. The enabling policy environment would evolve around the initiatives taken by India s businesses to seize these opportunities and actualise the potential of the Indian economy as a rising economic power of the 21st century.


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