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Disruptions & opportunities in the financial sector

· Shaktikanta Das, Governor of the Reserve Bank of India (India)

Summary written by Dark Majestic in its own words · topics: trade, fragmentation and geopolitics, growth, investment and productivity, technology, ai and cyber risk

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· Shaktikanta Das Wiki · Reserve Bank of India WikiDisruptions & opportunities in the financial sector

ContextAddress by Shaktikanta Das, Governor of the Reserve Bank of India, at the Financial Express Modern BFSI Summit in Mumbai, Mumbai, 17 June 2022.

Why it mattersDas discusses technology disruption in finance.

Problems raised
  1. Technology disrupts finance.
  2. Traditional intermediation is challenged.
  3. Geopolitical crises add risk.
Solutions proposed
  1. Seize opportunities in innovation.
  2. Manage disruption risks.
  3. Adapt business models.
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