RBI Policy Normalization Unlikely in Near Term: StanChart

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May.05 — Anubhuti Sahay, head of South Asia economic research at Standard Chartered Bank, looks at how the coronavirus pandemic is affecting India’s economy and the central bank’s policy. The Reserve Bank on Wednesday announced new loan-relief measures for small businesses and pledged to inject 500 billion rupees ($6.8 billion) of liquidity to support the economy against a second deadly coronavirus wave. Sahay speaks on “Bloomberg Markets: Asia.”

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