<h1>RBI Deputy Governor Highlights Need for Regulated Credit Intermediation to Ensure Financial Stability and Economic Growth.</h1> The Deputy Governor of the Reserve Bank of India addressed the importance of effective and regulated credit intermediation in maintaining financial stability. He highlighted the role of financialisation in India's economic growth and the challenges posed by unregulated credit expansion, which could lead to financial instability. The address emphasized the need for robust regulatory frameworks to manage credit risk, focusing on trust, prudence, and contractual arrangements. Recent initiatives include revised guidelines for loan transfers and securitisation, and the development of a secondary loan market to enhance transparency and risk management. The speech concluded with a call for balanced risk-taking to sustain economic growth.