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RBI Governor Says India's Market Correction Is Orderly
Original: Sanjay Malhotra, RBI Governor: "Nothing to worry. India’s equity market correction has been orderly. A correction in AI
Reserve Bank of India Governor Sanjay Malhotra moved to calm investors, saying there is nothing to worry about in India's equity market correction, which he described as orderly. He added that a correction in AI-related valuations overseas would ultimately deliver positive returns to the Indian market.
Why now: Indian investors are watching the RBI chief's reassurance amid recent equity market declines and global AI valuation worries.
Sanjay MalhotraReserve Bank of IndiaIndia
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