‘BANKING’ ON MODI BRILLIANCE!
Mumbai: Congratulating the RBI on completing 90 years of service, PM Narendra Modi said the Central bank entered a historic phase today. Addressing a ceremony marking the anniversary celebrations in Mumbai on Monday, PM said RBI is known in the world for its professionalism and commitment. PM Modi said the banking sector has become profitable and credit growth has been increasing because of efforts taken by his govt and RBI in last decade.
“In 2014, when I attended the program for completion of 80 years of RBI, situation was very different. Entire banking sector of India was struggling with problems and challenges. And today, India’s banking system is seen as a strong and sustainable banking system in the world,” he said.