Finance 360 | Vol 1 Vol 1 | Page 25

Similarly, high fiscal deficits and the resultant high investment of banks in the government debt, have also increased the vulnerability of Indian banking industry. To avoid the build-up of systemic risks, the country requires complementary monetary and fiscal policies. The current economic slowdown combined with persistent, high inflation are primarily due to the political delays in returning ??\??[????Y][?
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