The Reserve Bank of India today released the Financial Stability Report June 2016, a biannual publication and the thirteenth in the series.

"As global uncertainties & transiting geopolitical risks impact India, continuation of sound domestic policies and structural reforms remain the key for macroeconomic stability," says the Reserve Bank of India.

"We should stick to sound domestic policies and structural reforms," says Rajan. "India stands out in a challenging global environment with stronger growth and improved fundamentals," the governor said.