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RBI Governor Malhotra Says Indian Financial System Resilient Amid West Asia Crisis

Reserve Bank of India Governor Sanjay Malhotra says the financial system remained resilient and the economy navigated the West Asia crisis.

AI-assisted wire synthesis Independently verified Editorial disclosure

Reserve Bank of India Governor Sanjay Malhotra delivered his assessment in New Delhi on Saturday, addressing the state of the national economy and regional risks. Malhotra stated the financial system remained resilient and the economy had navigated the West Asia crisis. The central bank maintains that domestic structures withstood the pressure, according to the report.

The governor's statement offers a direct evaluation of current economic conditions without citing specific new data points in the available text, focusing on qualitative resilience.

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