Prime Minister Modi said that in the midst of the global crisis, India’s economic system is very strong today. (DOCUMENT)
New Delhi:
Indian Prime Minister Narendra Modi said India’s banking and economic system remained strong even amid the turmoil currently shaking global markets.
“In the context of the global crisis, India’s economic system is very strong today, the banking system is also strong. This is the strength of our institutions,” Prime Minister Modi said at a meeting. newspaper. India today gathers.
Bank stocks around the world have been hit hard in recent days by the collapse of two mid-sized US banks. While authorities have bailed out struggling lenders, the turmoil has raised concerns about what could be lurking in the broader global financial system.
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