 "shaktikanta das, RBI, RBI governor")
The Reserve Bank of India's monetary policy committee will decide if a rate cut is needed to help the economy facing the coronavirus outbreak, said governor Shaktikanta Das on Monday.
Das announced two policy measures to stabilise financial markets: a US dollar sell/buy swap on March 23 worth $2 billion and a Long Term Repo Operation in multiple tranches of up to Rs 1 trillion.
"The RBI will make efforts to see policy announcements have optimum impact and desired outcome," said Das at a press conference in Mumbai.
Das also said that private lender YES Bank will come out of
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