Indian financial system looks strong amid global headwinds: RBI Deputy Governor M Rajeshwar Rao
Reserve Bank of India (RBI) Deputy Governor M. Rajeshwar Rao delivered the J P Morgan India Leadership Series Lecture, highlighting India's robust financial system amidst global challenges. He noted India's strong macroeconomic fundamentals and steady economic growth, emphasizing improvements in the banking sector's metrics like capital adequacy and asset quality.