Central bank governor hints at a relatively less facilitative monetary policy for businesses

As a significant proportion of the population is expected to be vaccinated in the first half of fiscal year 2021-22 it will pave the way for normal economic activities in the second half, he says.

A top central bank official hinted that the monetary policy for the next fiscal year 2021-22 won’t be as facilitative for businesses as it was in the current fiscal year with the central bank expecting that the economic activities might operate normally to a large extent in the second half of the fiscal year that begins on July 16.