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RBI to formalise linking of lending rates with external benchmark rates, says governor Shaktikanta Das

Updated : August 20, 2019 07:39 AM IST

Das said that growth is a matter of highest priority today for the central bank, the government and the business community.
While addressing a press conference, which was focused on financial stability, Das said that India's banking system is more resilient to external economic shocks.
However, weaker than expected global growth is one of the risks to financial stability, he added.

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