RBI Governor: Gold loans and MSMEs are growing faster, with no risks detected. Recent policy measures and the inherent strengths of India’s external sector are favorable for the rupee. The balance of payments is expected to remain strong in the medium to short term.
The Governor of the Reserve Bank of India stated: Gold loans and the growth of micro, small and medium-sized enterprises are increasing more rapidly, and no risks have been detected. Recent policy measures and India’s inherent external sector advantages are positive for the rupee. The balance of payments is expected to remain strong in the medium to short term.
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