India's RBI Vows Easy Money as Long as Needed to Aid Growth.

(Bloomberg) -- India's central bank pledged to keep its easy money policy for as long as necessary to support the virus-battered economy, while for now leaving borrowing costs unchanged amid stubborn inflation. The Reserve Bank of India will use a variety of tools to ensure easy financing conditions and market stability, Governor Shaktikanta Das said Friday after a meeting of the Monetary Policy Committee. Central banks in the Asia-Pacific have stepped up on stimulus to cushion their economies from the onslaught of the pandemic, including through deeper rate cuts. [Extracted from the article]