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The Times of India

Business

PTI

Ukraine situation, crude prices posing challenge to financial stability: Nirmala Sitharaman

Nirmala Sitharaman Ukraine Finance India Russia

MUMBAI: Finance minister Nirmala Sitharaman on Tuesday said the Russia-Ukraine crisis and the ensuing jump in global crude prices are a challenge to financial stability in India.

The two issues were discussed at the meeting of Financial Stability Development Council (FSDC), which comprises all the financial sector regulators, Sitharaman told reporters here.

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