Banking System Remains Stable, Resilient: RBI Governor Shaktikanta Das

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Banking System Remains Stable, Resilient: RBI Governor Shaktikanta Das


Reserve Bank Governor Shaktikanta Das. (File Photo)

Bank shares internationally 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 Bank of India, stated on Friday.

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

Bank shares internationally have tumbled amid fears of a widespread banking disaster in United States and Europe.

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