The Reserve Bank of India (RBI) governor has stated that the country's financial system remains resilient and that the domestic economy has successfully weathered the recent crisis in West Asia. The governor made these remarks while assessing the current economic landscape and macroeconomic stability.
Despite the positive outlook on managing the external shocks from the West Asia region, the central bank head emphasized that authorities cannot afford to become complacent. He stressed the ongoing need to remain vigilant and alert to potential future risks facing the financial sector.
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