 "Shaktikanta Das, RBI, Reserve Bank of India Governor")
The Reserve Bank of India (RBI) on Friday came out with another round of measures to ease a slowdown caused by the Covid-19. The RBI has proactively made two sets of relevant announcements as a follow-up of what were made in the credit policy recently, writes Care Ratings' Madan Sabnavis. China suffered its worst economic contraction in the first quarter of 2020 as the coronavirus outbreak paralysed production and spending. Here are the top events of the day that made it to the headlines.
1. Covid-19: In fight against economic slowdown, RBI introduces new measures
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