Clear Indication Of Economy Losing Traction: Shaktikanta Das

Clear Indication Of Economy Losing Traction: Shaktikanta Das

Mr Das said quite a sizable part of loan portfolio of banks continues at the base rate, which impedes monetary transmission.

Economy | | Updated: June 20, 2019 18:16 IST
Clear Indication Of Economy Losing Traction: Shaktikanta Das

Mr Das favoured shifting the stance of monetary policy from neutral to accommodative.