Future-Proofing the Indian Financial System (Inaugural Address by Shri Shaktikanta Das, Governor Reserve Bank of India - April 27, 2023 - Delivered at the Global Conference on Financial Resilience organised by the College of Supervisors in Mumbai) https://www.taxtmi.com/news?id=26481 The address requires banks and regulated entities to maintain financial, operational and organisational resilience by holding adequate capital and liquidity, strengthening cyber and third party controls, and embedding anticipatory governance. Prudential tools-capital, provisioning, liquidity and macroprudential measures-are to be complemented by enhanced supervision focused on governance, root cause remediation and analytics-driven surveillance, supported by revised audit expectations and specific guidelines on IT outsourcing and digital lending. en-us Fri, 28 Apr 2023 11:13:03 +0530 Fri, 28 Apr 2023 11:13:03 +0530 TaxTMI RSS Generator Future-Proofing the Indian Financial System (Inaugural Address by Shri Shaktikanta Das, Governor Reserve Bank of India - April 27, 2023 - Delivered at the Global Conference on Financial Resilience organised by the College of Supervisors in Mumbai) https://www.taxtmi.com/news?id=26481 The address requires banks and regulated entities to maintain financial, operational and organisational resilience by holding adequate capital and liquidity, strengthening cyber and third party controls, and embedding anticipatory governance. Prudential tools-capital, provisioning, liquidity and macroprudential measures-are to be complemented by enhanced supervision focused on governance, root cause remediation and analytics-driven surveillance, supported by revised audit expectations and specific guidelines on IT outsourcing and digital lending. News - Fri, 28 Apr 2023 11:13:03 +0530 https://www.taxtmi.com/news?id=26481