Coronavirus pandemic package 2.0: Steering India out of the COVID-19 storm

The slew of monetary and regulatory measures announced by the Reserve Bank of India ( RBI ), well before the much-awaited government’s follow-on fiscal stimulus programme, underscores the resolve of the central bank to proactively respond to the evolving Great Virus Crisis (GVC) through both conventional and unconventional measures.

Assessment and advisory of the central bank