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RBI governor warns current financial resilience does not assure future stability
The brief
- Sanjay Malhotra flagged increasing exogenous systemic risks
- The warning underscores risk monitoring for Indian banks and other financial institutions
- RBI outlines five priorities for financial stability as global risks grow more interconnected
- Next financial crisis may stem from cyberattack or geopolitical shock, RBI governor says
- After Sept, bond yields to peak in Oct too? Experts decode future of Indian bond market; RBI's next move holds key
- RBI Governor cautions against risky lending by banks; says financial system stable as of now
- RBI backs tokenisation and distributed ledgers but remains cautious on cryptocurrencies
RBI warning on emerging financial risks
RBI Governor Sanjay Malhotra warned that current financial resilience does not guarantee future stability and urged vigilance against rising systemic risks. He cited the West Asia conflict, geopolitical shocks, cyberattacks and technology-related risks, and said the next financial crisis may not begin in a bank.
Saturday, 3 October
- RBI governor warns current financial resilience does not assure future stability