Communication RBI's key tool in managing fiscal stability: Shaktikanta Das

Governor Das' stress on communication comes at a time when the RBI prepares to revamp its liquidity management framework

Communication will continue to remain a key tool in the Reserve Bank of India (RBI)’s arsenal to manage financial stability, governor Shaktikanta Das said on Monday.

“From the perspective of the Reserve Bank, we will continue to focus on effective communication and coordination with all stakeholders to achieve broader macroeconomic objectives of price stability, growth and financial stability,” governor Das said in his keynote speech at the Lal Bahadur Shastri National Academy of Administration, Mussoorie.

“… communication by central banks is very important which may be different in crisis times than in normal times. Not only it helps convey decisions