PM Modi Marks RBI’s 90-Year Journey: Charts Path for Future Growth at RBI@90 Event

In a momentous celebration marking the 90th anniversary of the Reserve Bank of India (RBI), Prime Minister Narendra Modi delivered an inspiring address at the RBI@90 event held in Mumbai, Maharashtra. Commemorating the pivotal role played by RBI in India's economic journey, PM Modi highlighted the institution's resilience, professionalism, and its contribution to shaping India's banking landscape. The event also witnessed the release of a commemorative coin by PM Modi to mark this historic milestone.
PM Modi at RBI



Prime Minister Narendra Modi addressed the 90th anniversary celebrations of the Reserve Bank of India (RBI) in Mumbai, hailing the institution's pivotal role in shaping India's financial landscape. He lauded the RBI's professionalism and commitment, highlighting its journey through pre and post-independence eras. Stressing the significance of the next decade, PM Modi outlined the RBI's priorities towards fast-paced growth and stability, aiming for a prosperous future.

Reflecting on India's banking evolution, PM Modi credited clear policies and reforms for transforming the sector, notably highlighting the successful resolution of non-performing assets (NPAs) and governance reforms. He commended the RBI's contribution to this transformation and emphasized its direct impact on citizens' lives, particularly through financial inclusion initiatives benefiting millions across various sectors.

PM Modi underscored the importance of digital transactions and financial empowerment, stressing the need for tailored banking services to meet diverse citizen needs. He also highlighted the role of artificial intelligence and machine learning in enhancing banking efficiency.

Emphasizing RBI's role in fostering sustainable growth, PM Modi praised its inflation-controlling measures and fiscal prudence, ensuring stability even amidst challenging times like the COVID-19 pandemic. He urged proactive measures to meet sectoral needs and affirmed government support for the banking sector.

In summary, PM Modi's address at the RBI@90 event celebrated the institution's historic journey while outlining a vision for future growth and stability, underscoring RBI's pivotal role in India's economic trajectory.

Governor of Maharashtra, Shri Ramesh Bains, Chief Minister of Maharashtra, Shri Eknath Shinde, Deputy Chief Ministers Shri Devendra Fadanvis and Shri Ajit Pawar, Union Finance Minister Smt Nirmala Sitharaman, Ministers of State for Finance Shri Bhagwat Kishanrao Karad and Shri Pankaj Chaudhary, and RBI Governor Shaktikanta Das were present on the occasion.

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