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    <title>Sailing Through Turbulence: India’s Tryst with Financial Stability (Keynote Address by Shri Shaktikanta Das, Governor, Reserve Bank of India - November 14, 2024 - CNBCTV18 Global Leadership Summit)</title>
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    <description>India addressed pandemic-era and post-pandemic shocks through a full monetary policy cycle under flexible inflation targeting, agile liquidity operations, and coordinated fiscal-monetary measures to align inflation with the target while supporting growth. Complementary regulatory and supervisory reforms-investment valuation norms, scale-based NBFC rules, tiered cooperative bank oversight, enhanced off-site analytics and SupTech, cybersecurity standards, and ongoing Basel III, ECL, LCR and climate-disclosure initiatives-have been deployed to strengthen financial stability alongside payment-system innovations.</description>
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