Indian Banking system remains resilient, the asset quality has improved from the pre-pandemic levels: RBI Dy Governor

Deputy Governor of the Reservebank of India M. Rajeshwar Rao has said that an efficient and vibrant financial system is crucial for economic development and social well-being of the country. He further alluded to the geopolitical conflict that has drastically altered the global environment and the context in which monetary policy operates. He was speaking as chief guest in a Banking Conference organised by Indian Merchants' Chamber in Mumbai today on Banking and Finance sector in India....