Reserve Bank of India Governor Shaktikanta Das on Friday assured that the worst of inflation is behind us and that the Indian rupee exhibited least volatility among its peers. Delivering the 17th K P Hormis Commemorative Lecture, organised by Federal Bank, Das said that our external debt is manageable.
The RBI Governor also commented on the collapse of the Silicon Valley Bank in the US, saying that our financial sector is stable. The ongoing US banking crisis drives home the importance of robust regulators, sustainable growth. RBI has taken steps for risk management, stress tests, he pointed out.2023-03-17T12:56:39Z dg43tfdfdgfd