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RBI Committed To Remain Vigilant Of Emerging Vulnerabilities, Keep Financial System Resilient: Guv

1 source · first seen 15:15 3 Oct · updated 15:15 3 Oct

The brief

Written from 1 report · check the source before you trade
  • RBI Governor Malhotra said the central bank will remain vigilant of emerging vulnerabilities and keep the financial system resilient
  • He flagged systemic risks that are increasingly exogenous, cross-border and interconnected
  • RBI’s focus on resilience matters to Indian banks and financial institutions

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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.

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1 report · earliest 15:15
NDTV ProfitRBI Committed To Remain Vigilant Of Emerging Vulnerabilities, Keep Financial System Resilient: Guv15:15