The RBI policy is on expected lines and is overall a good policy to support and nurture the economy amid recent surge in second wave of infections. While liquidity has been ensured via TLTRO in case the demand picks up, the opportunity of onlending through NBFCs, enhancement of loan limit against warehouse receipts, liquidity facility for All Indian financial Institutions are all good moves to ensure continued availability of credit which aid faster economic recovery.
RBI’s Monetary Policy dated 07.04.2021 By Shri CH. S. S. Mallikariuna Rao. MD & CEO. PNB
By
editor