Banking System Stays Steady, Resilient: RBI Governor Shaktikanta Das


Reserve Financial institution Governor Shaktikanta Das. (File Photograph)

Financial institution shares the world over have tumbled amid fears of a widespread banking disaster in United States and Europe

India’s banking system continues to be steady and resilient regardless of the shock waves from the worldwide banking disaster, Shaktikanta Das, the governor of the Reserve Financial institution of India, stated on Friday.

The central financial institution has been consistently participating with banks and has nudged them to undertake sturdy threat administration practices, conduct periodic stress checks and construct ample capital buffers, Das stated.

Financial institution shares the world over have tumbled amid fears of a widespread banking disaster in United States and Europe.

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(This story has not been edited by News18 employees and is printed from a syndicated information company feed)



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