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    <title>India’s Journey from Crisis to Confidence (Speech by Shri Shaktikanta Das, Governor, Reserve Bank of India - January 17, 2024 - Delivered at an event organised by the Confederation of Indian Industry (CII), Davos, Switzerland)</title>
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    <description>The Reserve Bank of India emphasises preserving macroeconomic and financial stability through an actively disinflationary monetary policy, timely liquidity and rate actions, and structural reforms, while strengthening bank and non bank balance sheets via proactive supervision and macroprudential tools. Simultaneously, the RBI promotes a non disruptive FinTech and payments ecosystem-anchored by UPI, a Regulatory Sandbox, a proposed self regulatory organisation, and a pilot Central Bank Digital Currency (e Rupee)-balancing innovation, consumer protection, and operational resilience against a challenging global backdrop.</description>
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