Recent and unexpected volatility among a number of prominent financial institutions in Europe and the US were a sharp reminder of the largely unprecedented few years the global economy has endured.
The Indian financial system has become more resilient and diverse, driven by rapid economic growth and withstood the pandemic well, according to an IMF report. The Financial Sector Assessment Program ...
India’s financial system has been reported to be stable and robust by the Reserve Bank of India (RBI), backed by sound bank balance sheets, easy capital buffers and stable financial situations despite ...
MUMBAI, Dec 28 (Reuters) - The health of the Indian financial system is steadily improving and banks' asset quality is expected to improve further over the next 12 months from its current decadal high ...