Indian economy makes solid recovery despite global headwind: RBI Governor ...Middle East

Reserve Bank Governor Shaktikanta Das on Wednesday said that the Indian economy has made a solid recovery and is among the fastest-growing large economies despite heightened uncertainties and formidable headwinds. He said that financial stability is non-negotiable and all stakeholders in the financial system must work to preserve this at all times. "The Reserve Bank and the other financial regulators remain steadfast in their commitment to safeguard financial stability in the face of potential and emerging challenges," he said in a foreword to Financial Stability Report (FSR). In this fragile global milieu, he said, balancing the policy trade-offs, preserving macroeconomic and financial stab

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