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Indian banking system remained resilient, not adversely impacted by recent global events: Das

Shortpedia

Content Team
Image Credit: millenium post

Reserve Bank Governor Shaktikanta Das on Thursday said the Indian banking system has remained resilient and not adversely impacted by recent events in the global financial ecosystem. In the remarks that come weeks after the blow-up of the Silicon Valley Bank, Das said RBI's stress tests show Indian banks will be able to maintain their capital buffers above the minimum requirements even in the case of the most distressing of events.