RBI Monetary Policy: Regulator Announces Measures To Strengthen Risk Management At Banks and NBFCs

The governor advised banks and NBFCs to strengthen their risk management strategies and develop stronger underwriting standards.

Mimansa Verma

Published On

06 Oct 2023, 11:40 AM IST

Last Updated On

06 Oct 2023, 11:40 AM IST

Shaktikanta Das, governor of the Reserve Bank of India (RBI), during the Global Fintech Festival in Mumbai, India, on Wednesday, Sept. 6, 2023. The conference runs through Sept. 7.

The Reserve Bank of India announced a slew of measures to strengthen the risk management framework for India's financial system.

Also Read: RBI Monetary Policy: RBI Concerned About 'Very High Growth' In Unsecured Personal Loans

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Mimansa is a banking and finance correspondent at NDTV Profit. Before this,... more

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