Govt, Reserve Bank of India must work closely to boost sagging growth engine, ensure systemic stability: Shaktikanta Das

Mumbai: Governor Shaktikanta Das June 27 called for more cooperation between the government and the Reserve Bank to help boost the sagging growth engine and to ensure systemic stability.

A dip in consumption and private investment has exerted pressure on the fiscal math, the governor said in his foreword to the bi-annual Financial Stability Report released on Thursday evening.

Concerted efforts are required to revive private investment and the government needs to continue with economic reforms, Das said.