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Ready to take action, says Indian central bank

International   |   Glibs Quick   |   Mar 03, 2020, 16:33 PM

Amid concerns over the Coronavirus outbreak, the Indian central bank expressed willingness to take appropriate actions and ensure the orderly functioning of financial markets. The Reserve Bank of India made this known when multiple Coronavirus cases have emerged in India. The Indian central bank is monitoring global and domestic developments closely and continuously and stands ready to take appropriate actions to ensure the orderly functioning of financial markets, maintain market confidence and preserve financial stability. 

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