New Delhi, June 30 (IANS) RBI Governor Sanjay Malhotra said on Tuesday that India’s financial system remains a key source of strength and support for the real economy and the country’s growth momentum, as banks and NBFCs remain sound, supported by strong capital and liquidity positions, healthy profitability, low levels of non-performing assets, and robust credit growth.In his foreword to the RBI’s Financial Stability Report, Malhotra said: “The Indian economy and the financial system have…
Latest Financial Stability Report News & Updates
New Delhi, Jan 22 (IANS) Amid global uncertainties, the current state of the economy provides ground for optimism going forward and the GDP growth estimates for 2025-26 indicate that India will remain the fastest growing major economy in the world, according to the Reserve Bank of India (RBI).India has made significant efforts to diversify and strengthen its exports, aiming to mitigate external sector risks.“The country is currently engaged in trade negotiations with 14 countries or groups, re…
New Delhi, Jan 1 (IANS) Despite an uncertain and challenging global economic backdrop, the Indian economy continues to grow strongly, underpinned by robust domestic demand, benign inflation, and prudent macroeconomic policies, the Reserve Bank of India (RBI) has said.The domestic financial system remains robust and resilient, bolstered by strong balance sheets, easy financial conditions, and low financial market volatility. Nonetheless, there are near-term risks from external uncertainties – geo…