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Evolution of financial markets in India - charting the future

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

Summary written by Dark Majestic in its own words · topics: payments, digital money and crypto-assets, development and emerging economies

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· Shaktikanta Das Wiki · Reserve Bank of India WikiEvolution of financial markets in India - charting the future

ContextKeynote address by Shaktikanta Das, Governor of the Reserve Bank of India, at the 23rd Fixed Income Money Market and Derivatives Association of India - Primary Dealers Association of India (FIMMDA-PDAI) Annual Conference, Barcelona, 8 April 2024.

Why it mattersDas reviews market reforms and the risks of both action and inaction.

Problems raised
  1. Indian financial markets must keep developing.
  2. Treasury risk assessment is incomplete.
  3. Regulation must evolve.
Solutions proposed
  1. Build on reforms like CBDC and cooperative bank rules.
  2. Assess risks of action and inaction.
  3. Chart the future of markets.
Read full speech on bis.org ↗

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