We see Indian markets have shown improved resilience to such volatility, with faster recovery patterns from corrections. However, the immediate term may remain choppy as markets digest these multiple triggers.
Stablecoins pose big risks, serve no real purpose, says RBI’s Rabi Sankar
Reserve Bank of India Deputy Governor T. Rabi Sankar cautioned against stablecoins, citing significant macroeconomic risks and their lack of unique utility compared to fiat