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    <title>FM: Though the world economy is quite fragile yet India appears to be much better placed today on the back of improvement in its macro-economic fundamentals;</title>
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    <description>The Council reviewed macroeconomic conditions and reinforced regulatory coordination to support measures to eliminate the parallel economy and black money, identifying those measures as likely to assist GDP growth and fiscal consolidation. It examined banking sector stress and recovery measures concerning NPAs, reviewed initiatives on financial inclusion, fintech, digital innovation and cyber security, and directed continued inter-regulatory cooperation and follow-up on prior decisions.</description>
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