AI valuation correction abroad could benefit India, says RBI Governor Sanjay Malhotra
- Reserve Bank of India RBI Governor Sanjay Malhotra said on Saturday an AI valuation correction abroad could help India.
- He said such a correction could bring capital inflows to India, though it may pose risks for global markets.
- He named AI valuation excesses among five global risks, but said he sees no imminent signs of stress.
- Malhotra said India's strong fundamentals and resilient financial system help it withstand external shocks.
Source: ap7am.com
Get 100 stories a day on the app
Read, watch & listen · Free on iOS & Android
