The Reserve Bank of India (RBI) would consider a "very careful, very calibrated unwinding of emergency measures" for the economy once an end to the coronavirus pandemic was in sight, Governor Shaktikanta Das said on Thursday, urging banks to strengthen their finances.
“Banks' balance sheets will be under stress — that is stating the obvious. What is more important is how banks react and respond to the challenge," Das said while delivering the keynote address at the finale of Business Standard’s six-part webinar series ‘Unlock BFSI 2.0’.
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