Covid-19: RBI Governor's emergency measures to tackle 2nd wave - Photos-1
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Covid-19: RBI Governor's emergency measures to tackle 2nd wave

The Reserve Bank of India (RBI) announced a slew of measures to help India tackle the unprecedented Covid-19 crisis during the second wave. RBI Governor Shaktikanta Das started off his address by saying that the Indian economy was at an advantageous position after the first wave subsided in 2020 but added that the "situation has been altered drastically" in the wake of the deadlier Covid-19 wave that hit the country in April.

"The current situation has to be matched with policy actions which are calibrated, sequenced and well-timed," he added.
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