Central Banking at Crossroads (Keynote Address by Shri Shaktikanta Das, Governor, Reserve Bank of India - October 14, 2024 - at the RBI@90 High-Level Conference organised by the Reserve Bank of India at New Delhi)

Central Banking at Crossroads (Keynote Address by Shri Shaktikanta Das, Governor, Reserve Bank of India - October 14, 2024 - at the RBI@90 High-Level Conference organised by the Reserve Bank of India at New Delhi) https://www.taxtmi.com/news?id=28001 Central banks must reassess mandates and tools as post pandemic debt, geopolitical fragmentation and technological advances alter policy space. Monetary policy faces distributional limits and international spillovers that constrain emerging market responses; financial stability risks arise from prolonged low rates, private credit expansion, higher debt servicing and interconnected exposures; and digital innovations - including CBDCs and digital public infrastructure - offer efficiency gains for cross border payments but require interoperability, standards harmonisation and safeguards against AI, concentration and cyber risks. en-us Mon, 14 Oct 2024 17:04:38 +0530 Mon, 14 Oct 2024 17:04:38 +0530 TaxTMI RSS Generator Central Banking at Crossroads (Keynote Address by Shri Shaktikanta Das, Governor, Reserve Bank of India - October 14, 2024 - at the RBI@90 High-Level Conference organised by the Reserve Bank of India at New Delhi) https://www.taxtmi.com/news?id=28001 Central banks must reassess mandates and tools as post pandemic debt, geopolitical fragmentation and technological advances alter policy space. Monetary policy faces distributional limits and international spillovers that constrain emerging market responses; financial stability risks arise from prolonged low rates, private credit expansion, higher debt servicing and interconnected exposures; and digital innovations - including CBDCs and digital public infrastructure - offer efficiency gains for cross border payments but require interoperability, standards harmonisation and safeguards against AI, concentration and cyber risks. News - Mon, 14 Oct 2024 17:04:38 +0530 https://www.taxtmi.com/news?id=28001