With healthier balance sheets, banks are supporting credit growth: RBI Financial Stability Report

New Delhi [India], June 27 (ANI): The global economy is currently facing significant risks stemming from ongoing geopolitical tensions, high levels of public debt, and slow progress in reducing inflation, according to the Reserve Bank of India's (RBI) 29th Financial Stability Report (FSR) released on Thursday.

Despite these challenges, the report highlighted that the global financial system has managed to remain resilient