The Financial Stability and Development Council convened to address potential economic challenges arising from US tariffs and geopolitical tensions. Discussions centered on simplifying KYC procedures and advancing financial inclusion initiatives outlined in the National Strategy for Financial Inclusion 2025-30. The council emphasized coordinated regulatory efforts to bolster financial sector resilience and closely monitor emerging risks.
ETMarkets Smart Talk | Crude at $100 could shave up to 1% off India’s GDP growth, cautions Garima Kapoor
India faces economic challenges from rising geopolitical tensions and high crude oil prices. Experts warn of potential GDP growth reduction and inflation spikes. Investors are