New Delhi. Amid global economic uncertainty, India’s financial sector looks balanced and strong. Reforms in the banking sector, increasing acceptance of digital payments and stability of government policies have strengthened the financial structure.

In the last few years, India has regained the confidence of foreign investors. Improvement has been seen in both stock market activity and loan growth. The expansion of credit facilities, especially for small businesses, has boosted economic activity.

“Our aim is to maintain financial stability and keep inflation under control,” the Reserve Bank official said.

Overall, India’s finance sector is now moving forward with the help of new technology and transparency, which will further strengthen the economic condition of the country in the coming years.