President Draupadi Murmu appreciated the Reserve Bank of India (RBI) on Tuesday for the last 90 years of remarkable visit and emphasized that a new, flexible and accessible financial environment mechanism for all is important for the target of ‘developed India 2047’.
Addressing the closing ceremony of the 90th year Foundation Day of the Reserve Bank of India, the President said that the remarkable visit of RBI for the last 90 years matches the government’s attitude and policies. He said that this permanent partnership has been necessary in dealing with complex economic changes, implementing significant financial reforms and maintaining comprehensive economic stability.
Murmu said, “The goal of ‘developed India 2047’, moving towards the centenary of India’s independence, needs a financial environment system that is new, flexible and accessible to all.”
The President said that the path ahead will present new complications and challenges, yet with a strong commitment to stability, innovation and inclusiveness, the RBI will remain a pillar of strength… will strengthen faith and lead India to the future of prosperity and global leadership.
He said, “RBI will play a decisive role in this visit as a patron of monetary and financial stability and ensure a strong banking system that will promote financial innovation and protect faith in our financial environment system.”
On this occasion, RBI Governor Sanjay Malhotra said that the next decade will be important in shaping the financial structure of the Indian economy.
Murmu said, “We are committed to increasing financial inclusion. We will try to promote the culture of constant improvement in customer services and the culture of strengthening consumer protection. “He said,” Our effort will have to balance our regulatory structure by balanced by balanced the interests of financial stability and efficiency. We will continue to support technology and innovation. We will remain vigilant, flexible and visionary. ”
