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Growth is highest priority, every policymaker concerned with it: RBI's Das

Das said that weaker-than-expected growth with signs of a slowdown was the key risk to global financial stability, though banks were more resilient to shocks

RBI Governor Shaktikanta Das
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RBI Governor Shaktikanta Das. File photo

PTI | BS Web Team
Growth is the highest priority as of now and every policymaker is concerned with it, said Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday.

Das was giving the inaugural address at the FIBAC 2019, held at the Trident Hotel in Mumbai.  

Das said that weaker-than-expected growth with signs of a slowdown was the key risk to global financial stability, though banks were more resilient to shocks.  

The RBI Governor also said that Insolvency and Bankruptcy Code (IBC) amendments would help ring-fence banks. 

Further, Das said that he wanted state-run banks to access capital from markets rather than depending

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