In the thick of the second wave, the statements of April 7 and June 4, 2021 reposed a belief in the indomitable spirit of humanity to confront the ‘trial by virus’, stating that the need of the hour is not to be overwhelmed but to collectively overcome.
The August 6, 2021 statement emphasised that the RBI remains in “whatever it takes” mode, with a readiness to deploy all its policy levers - monetary, prudential or regulatory.