· Shaktikanta Das Wiki · Reserve Bank of India WikiIndia - a story of resilience
Read full speech on bis.org ↗ContextInaugural address by Shaktikanta Das, Governor of the Reserve Bank of India, at the Annual Financial Institution Benchmarking and Calibration (FIBAC) 2022 Conference, organised jointly by the Federation of Indian Chambers of Commerce and Industry (FICCI) and the Indian Banks' Association (IBA), Mumbai, 2 November 2022.
Why it mattersDas describes India's resilience to repeated shocks.
Problems raised
- India faced multiple shocks.
- Risk build-up must be monitored.
- Banks need strong buffers.
Solutions proposed
- Continuously assess risks.
- Sharpen governance.
- Maintain healthy capital buffers.