Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Won’t stand inconvenience to people and monetary growth: RBI
short by Mansha Mahajan / on Thursday, 29 December, 2016
The RBI on Thursday clarified that it would not be withstanding inconvenience to people and monetary growth of the country. The financial system remains stable following the newly implemented policy although banks, especially Public Sector Banks faced significant changes, RBI Governor Urjit Patel said. Enhanced transparency helped to reinforce stability of India’s financial system, he added.