BusinessRBI Governor Warns Financial Resilience Doesn't Ensure Future Stability
Reserve Bank Governor Sanjay Malhotra stated that today's financial system resilience should not be seen as a guarantee against future vulnerabilities. Speaking at the Kautilya Economic Conclave, he emphasized the need for vigilance and outlined five policy priorities focused on strengthening the system's ability to withstand shocks. He warned that future crises may arise from new systemic risks that are exogenous, cross-border, and interconnected.
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