RBI's Monetary Policy quote by Dinesh Khara, Chairman, SBI

11 Apr 2022 , 11:19 AM

“The RBI monetary policy announcement is a pragmatic assessment of the current uncertain economic environment. The RBI has rightfully re-calibrated the growth and inflation numbers and announced a slew of measures to support the government borrowing program in a non-disruptive manner. The measures to allow inter-operability in card-less withdrawal at banks will give a further impetus to QR code-enabled payments. The decision to set up a robust governance structure for digital payments is a logical corollary of this move. Overall, the policy announcement now prepares us for a world after COVID.”

By Mr. Dinesh Khara, Chairman, SBI