In current times, monetary and fiscal policies cannot be a 'question of either or': Shaktikanta Das

MUMBAI: Defending the long pause in interest rate hike and the continuing accommodative stance, Reserve Bank of India (RBI) governor Shaktikanta Das on Thursday said in current times, "monetary and fiscal policies cannot be a question of either or, but must go in tandem with each other".

For the 10th time in a row, RBI's Monetary Policy Committee (MPC) on Thursday left the key rates unchanged -- the repo at 4 per cent and the reverse repo at 3.35 per cent -- and decided to continue with the accommodative policy stance.