India's financial system stable despite weakening domestic growth: RBI

The Reserve Bank of India (RBI) on Friday released the Financial Stability Report, which states that the financial system of the country is stable.

India's financial system stable despite weakening domestic growth: RBI
Reserve Bank of India (RBI). Image Credit: ANI
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  • India

The Reserve Bank of India (RBI) on Friday released the Financial Stability Report, which states that the financial system of the country is stable.

"India's financial system remains stable notwithstanding weakening domestic growth; resilience of the banking sector has improved. Risks from global or domestic economic uncertainties and geopolitical developments, however, persist," says the report. (ANI)

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