Capacity Building in the Financial Sector in the face of Emerging Challenges (Speech delivered by Shri M K Jain, Deputy Governor, Reserve Bank of India - December 2, 2022 - at the Golden Jubilee celebration function of the National Institute for Banking Studies and Corporate Management (NIBSCOM) in Noida) https://www.taxtmi.com/news?id=26004 Capacity building is essential to bolster financial sector resilience through supervisory enhancements, technology adoption and human resource development. RBI measures combined calibrated liquidity and regulatory interventions with market based resolution methods while strengthening offsite supervision, data quality, automated asset classification and Sup tech deployment. Banks must modernise legacy systems, scale technology investment, foster continuous innovation, collaborate for synergies, and ensure data privacy. Realising benefits from data analytics and digital pilots requires concurrent upskilling, research capacity and adequate infrastructure so training yields operational capacity. en-us Fri, 09 Dec 2022 11:07:04 +0530 Fri, 09 Dec 2022 11:08:00 +0530 TaxTMI RSS Generator Capacity Building in the Financial Sector in the face of Emerging Challenges (Speech delivered by Shri M K Jain, Deputy Governor, Reserve Bank of India - December 2, 2022 - at the Golden Jubilee celebration function of the National Institute for Banking Studies and Corporate Management (NIBSCOM) in Noida) https://www.taxtmi.com/news?id=26004 Capacity building is essential to bolster financial sector resilience through supervisory enhancements, technology adoption and human resource development. RBI measures combined calibrated liquidity and regulatory interventions with market based resolution methods while strengthening offsite supervision, data quality, automated asset classification and Sup tech deployment. Banks must modernise legacy systems, scale technology investment, foster continuous innovation, collaborate for synergies, and ensure data privacy. Realising benefits from data analytics and digital pilots requires concurrent upskilling, research capacity and adequate infrastructure so training yields operational capacity. News - Fri, 09 Dec 2022 11:07:04 +0530 https://www.taxtmi.com/news?id=26004