Financial system remains stable despite weakening domestic growth: RBI report

The Economic Times
ରେ ପ୍ରକାଶ ହୋଇଥିଲା: Dec 28, 2019
162 ଦୃଶ୍ୟସଂଖ୍ୟା

The Reserve Bank on Friday said the country's financial system remains despite slowing economic growth. The country's GDP slowed to a six-year low of 4.5 per cent in the second quarter of FY20, forcing the RBI to slash its growth forecast by 240 basis points to 5 per cent for the fiscal in its December monetary policy review.

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#businessnews  #FinancialNews  #rbi  #Banks  #BadLoans  #stockmarketnews  #IndianBanks  #FinancialStabilityReport  #Indianfinancialsystem  


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