RBI Governor Shaktikanta Das states India's financial system is stronger, with improved capital adequacy, low NPAs, and healthy bank profits.
India's domestic financial system is now in a "much stronger position" according to RBI Governor Shaktikanta Das, with robust capital adequacy, low levels of non-performing assets, and healthy profitability of banks and non-banking lenders. Das stressed the importance of timely supervisory intervention in mitigating systemic risks, as the Indian financial system faces a resilient future.
June 20, 2024
12 Articles