<h1>India's Economy Resilient Amid Global Turmoil; Minister Stresses Financial Inclusion, Banking Reforms, and Capital Adequacy.</h1> The Finance Minister addressed the impact of global economic turmoil on India, highlighting that the country was less affected by the 2008 financial crisis due to limited exposure to sub-prime markets. He emphasized the role of timely government interventions and RBI measures in stabilizing the economy. The ongoing Eurozone crisis poses challenges, but Indian banks remain stable. The Minister stressed the importance of financial inclusion and banking sector reforms to sustain growth. He also discussed the need for banks to enhance capital adequacy and efficiency, and the potential benefits of new banking licenses to foster competition and innovation.