Responsible Innovation and Regulation in the Financial Sector (Keynote address by Dr. Duvvuri Subbarao, Governor, Reserve Bank of India, at the IDRBT Banking Technology Excellence Awards Function on August 2, 2013 at Hyderabad) https://www.taxtmi.com/news?id=11461 Responsible regulation balances fostering financial innovation with preserving stability and consumer protection because financial markets are non self correcting, interconnected, procyclical and reflexive. The Reserve Bank applies responsible regulation through proactive macroprudential measures, calibrated adoption of global standards like Basel III, conditional corporate bank licensing with governance safeguards, sequenced market product rollouts and strengthened market infrastructure, and affirmative measures-including priority sector lending and branch penetration requirements-to advance financial inclusion and equitable growth. en-us Fri, 02 Aug 2013 17:36:17 +0530 Fri, 02 Aug 2013 17:37:00 +0530 TaxTMI RSS Generator Responsible Innovation and Regulation in the Financial Sector (Keynote address by Dr. Duvvuri Subbarao, Governor, Reserve Bank of India, at the IDRBT Banking Technology Excellence Awards Function on August 2, 2013 at Hyderabad) https://www.taxtmi.com/news?id=11461 Responsible regulation balances fostering financial innovation with preserving stability and consumer protection because financial markets are non self correcting, interconnected, procyclical and reflexive. The Reserve Bank applies responsible regulation through proactive macroprudential measures, calibrated adoption of global standards like Basel III, conditional corporate bank licensing with governance safeguards, sequenced market product rollouts and strengthened market infrastructure, and affirmative measures-including priority sector lending and branch penetration requirements-to advance financial inclusion and equitable growth. News - Fri, 02 Aug 2013 17:36:17 +0530 https://www.taxtmi.com/news?id=11461