RBI Governor Shaktikanta Das said on Friday that the country is expected to post a sharp turnaround in the next financial year, citing International Monetary Fund (IMF) projections. This is the second time the RBI Governor is addressing the media since India began the lockdown on March 25. His address comes at a time when the country has extended a 21-day lockdown to curb the spread of the coronavirus (COVID-19) pandemic, which has disrupted world markets and fuelled fears of recession.
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