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Keeping the financial system resilient, future ready and crisis resistant

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

Summary written by Dark Majestic in its own words · topics: financial stability, banking regulation and supervision

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· Shaktikanta Das Wiki · Reserve Bank of India WikiKeeping the financial system resilient, future ready and crisis resistant

ContextInaugural address by Shaktikanta Das, Governor of the Reserve Bank of India, at the Second Global Conference on Financial Resilience, organised by the College of Supervisors (CoS), Mumbai, 20 June 2024.

Why it mattersIndia's governor describes a through-the-cycle approach to bank supervision.

Problems raised
  1. Financial systems must be ready for crises.
  2. Risks change through the cycle.
  3. Supervision must improve.
Solutions proposed
  1. Build a through-the-cycle risk assessment.
  2. Scan the horizon continuously.
  3. Make RBI supervision a global model.
Read full speech on bis.org ↗

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