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Reserve Bank of India@90 commemoration

· Shaktikanta Das, Governor of the Reserve Bank of India (India)

Summary written by Dark Majestic in its own words · topics: inflation and price stability

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· Shaktikanta Das Wiki · Reserve Bank of India WikiReserve Bank of India@90 commemoration

ContextWelcome address by Shaktikanta Das, Governor of the Reserve Bank of India, at the Reserve Bank of India@90 commemoration function, Mumbai, 1 April 2024.

Why it mattersIndia's central bank marks ninety years by reviewing reforms such as inflation targeting.

Problems raised
  1. The banking system faced serious challenges.
  2. Price stability needed stronger tools.
  3. The RBI must keep modernising.
Solutions proposed
  1. Celebrate 90 years of the RBI.
  2. Build on reforms like the bankruptcy code and inflation targeting.
  3. Keep strengthening stability.
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