From being on foothills of strong economic recovery to facing fresh crisis: RBI Guv

Team Udayavani, May 5, 2021, 10:20 AM IST

Mumbai: In an unscheduled speech, RBI governor Shaktikanta Das on Tuesday said that situation has reversed from being on foothills of strong economic recovery to facing a fresh crisis.

Earlier in the day, RBI announced on Twitter that an unscheduled speech by Governor Shaktikanta Das will begin at 10 am today.

“RBI will continue to monitor the situation from the resurgence of COVID-19 cases. We have to marshal our resources for fighting the virus with vigour,” he said.

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