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Prime concern is to protect depositors, ensure financial stability: RBI
The Reserve Bank of India (RBI) is more concerned about the depositors interest and preserving financial stability than giving doles to the industry, Governor Shaktikanta Das indicated to industry captains on Wednesday. “The primary concern in the banking system is the protection of depositors’ money. Ultimately, it is the depositors’ money that is being lent out,” governor Das said in an interaction with the governing council of the industry lobby group Federation of Indian Chambers of Commerce & Industry (FICCI). Read More...
Russia to sell Covid-19 vaccine to India's
