Post the monetary policy resolution, the Reserve Bank of India (RBI) Governor Shaktikanta Das, and Deputy Governors (DGs) Michael Debabrata Patra, Mayank Jain, M Rajeshwar Rao, and T Rabi Sankar, spoke to the media on several issues ranging from the withdrawal of the G-SAP programme, liquidity management, inflation-growth dynamics, asset quality pressures on banks, and involvement of big tech in banking activities. Edited Excerpts:
What was the reason behind not conducting any more G-SAPs?
Das: At the moment, G-SAP is not required but going forward, the G-SAP option, together with options of ‘operation twist’, and ‘open market operations’ are very much on