RBI Governor Shaktikanta Das believes that excessive deposit or loan growth is not a good thing for the banking system.
New Delhi:
Reserve Bank of India (RBI) Governor Shaktikanta Das has said that our external debt is manageable and there is no problem with the strength of the dollar. The RBI governor called for coordinated efforts by the G20 to help countries with high external debt exposure due to the appreciation of the dollar.
During this, he said that the G20 countries should provide finance on a war footing to the countries most affected by climate change.
RBI Governor Shaktikanta Das believes that excessive deposit or loan growth is not a good thing for the banking system. Along with this, the RBI governor says that the current US Banking Crisis clearly shows how private cryptocurrency poses a risk to the financial system.
Governor Shaktikanta Das has emphasized that our financial sector is stable. He said that the bad phase of inflation is behind.