RBI: Navigating 90 Years of Legacy, Regulation, and Aspiration (Opening remarks delivered by Shri M. Rajeshwar Rao, Deputy Governor, Reserve Bank of India - November 22, 2024 - at the “High-Level Policy Conference of Central Banks in the Global South” organised by the Reserve Bank of India as a part of commemoration of its 90th year at Mumbai, India)

RBI: Navigating 90 Years of Legacy, Regulation, and Aspiration (Opening remarks delivered by Shri M. Rajeshwar Rao, Deputy Governor, Reserve Bank of India - November 22, 2024 - at the “High-Level Policy Conference of Central Banks in the Global South” organised by the Reserve Bank of India as a part of commemoration of its 90th year at Mumbai, India) https://www.taxtmi.com/news?id=28153 Regulation has transitioned to a comprehensive supervisory architecture that combines licensing, scale-based classification and principle/activity-based norms to strengthen resilience of banks and non-bank entities. A twin-peak approach balances prudential requirements-capital adequacy, credit quality, liquidity, risk management-with conduct obligations-governance, fair lending, disclosures and customer protection. Emerging supervisory priorities include climate-related financial risks, technology-driven disruption from tokenisation and AI/ML, and harmonised oversight of an expanding non-banking sector to address interconnectedness and systemic stability. en-us Thu, 28 Nov 2024 10:52:58 +0530 Thu, 28 Nov 2024 10:52:58 +0530 TaxTMI RSS Generator RBI: Navigating 90 Years of Legacy, Regulation, and Aspiration (Opening remarks delivered by Shri M. Rajeshwar Rao, Deputy Governor, Reserve Bank of India - November 22, 2024 - at the “High-Level Policy Conference of Central Banks in the Global South” organised by the Reserve Bank of India as a part of commemoration of its 90th year at Mumbai, India) https://www.taxtmi.com/news?id=28153 Regulation has transitioned to a comprehensive supervisory architecture that combines licensing, scale-based classification and principle/activity-based norms to strengthen resilience of banks and non-bank entities. A twin-peak approach balances prudential requirements-capital adequacy, credit quality, liquidity, risk management-with conduct obligations-governance, fair lending, disclosures and customer protection. Emerging supervisory priorities include climate-related financial risks, technology-driven disruption from tokenisation and AI/ML, and harmonised oversight of an expanding non-banking sector to address interconnectedness and systemic stability. News - Thu, 28 Nov 2024 10:52:58 +0530 https://www.taxtmi.com/news?id=28153