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The Economic Times
The Economic Times

Indian banking system robust despite West Asia crisis, falling forex reserves: Experts

Mumbai: Amid the turbulent times following the West Asia escalations, financial leaders have expressed strong confidence in the resilience of the Indian economy and its banking architecture. They dismissed immediate panic over dipping foreign exchange reserves and raging geopolitical tensions.

M Narendra (former CMD, Indian Overseas Bank), Mahendra Kumar Chouhan (President-Elect, IMC), and Shachindra Nath (MD, UGro Capital) aligned in their view that India's financial system remains exceptionally robust against severe external shocks.

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