· Shaktikanta Das Wiki · Reserve Bank of India WikiBanking beyond tomorrow
Read full speech on bis.org ↗ContextSpeech at Bank of Baroda's annual banking conference in Mumbai; the Reserve Bank of India keeps inflation in check and supervises banks facing rapid change.
Why it mattersDas asks banks to prepare for disruptive innovation.
Problems raised
- Banking is changing rapidly.
- Innovation disrupts business models.
- Banks must adapt.
Solutions proposed
- Discuss banking beyond tomorrow.
- Embrace innovation.
- Manage risks carefully.