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India's financial sector poised for growth entering 2025, says RBI Governor Malhotra

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indiatimesINDIATIMES
India's financial sector poised for growth entering 2025, says RBI Governor Malhotra

Credited from: INDIATIMES

  • India's financial sector is gearing up for **2025** on a **strong footing**, fueled by solid earnings and a robust capital structure.
  • RBI governor **Sanjay Malhotra** highlighted the sector's resilience against geopolitical and market uncertainties during his initial communication.
  • He noted that the **Indian economy's** prospects are expected to brighten after a slowdown in early **2024-25**.
  • **Consumer and business confidence** remain high, with corporations entering 2025 with strong balance sheets.
  • Stress tests show that both banks and **NBFCs** will be well-capitalised, even amid adverse economic conditions.

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