<h1>RBI Governor Discusses COVID-19 Economic Challenges, Highlights Role of Banks in Recovery and Financial Stability Efforts.</h1> The Reserve Bank of India (RBI) Governor addressed the economic challenges posed by the COVID-19 pandemic, emphasizing the role of banks and financial institutions in implementing monetary and regulatory measures. The RBI has taken significant steps to maintain financial stability, including reducing policy rates and enhancing liquidity. The financial system showed resilience due to prior regulatory efforts, though challenges like rising non-performing assets remain. The RBI's supervisory strategy focuses on risk management and governance improvements. The Governor highlighted the need for continued vigilance and reform to support economic recovery and financial stability in the post-pandemic era.