Highlights of RBI Governor's Interview To Cogencis

The Governor of the Reserve Bank Of India, Shaktikanta Das, gave an hour-long interview to Cogencis. Here are the highlights:

1. Govt. working on economic package for the economy
2. It would be tough for the government to meet FY21 fiscal target of 3.5%
3. No decision taken to monetise deficit
4. Expects GST hit due to lockdown
5. RBI monitoring cash balances of respective states

It can be read here.