Mumbai, July 11 -- Reserve Bank of India (RBI) Governor Shaktikanta Das on Saturday asserted that the Indian economy has started showing signs of normalcy with ease in lockdown restrictions across the country.
While addressing the 7th SBI Banking and Economics Conclave, Das said, ''Indian economy has started showing signs of going back to normalcy after easing of restrictions.
''Post containment of COVID-19, a very careful trajectory has to be followed in orderly unwinding of counter-cyclical regulatory measures,'' he added.
He further said that the financial sector should return to normal functioning without relying on regulatory relaxation as the new norm.
Policy action in medium-term would require a careful assessment of how the...