Banks have maintained financial resilience, says RBI Governor

The Reserve Bank of India (RBI) Governor Shaktikanta Das has said that banks have been able to maintain financial and operational resilience in the face of extreme stress. He was delivering the inaugural address at the conference of Directors of private banks organized by RBI at Mumbai today. Our banking sector stands out strong and stable, he claimed. He also acknowledged the key role played by the Banks in the process of economic development of the country.