PSBs must guard against shocks: RBI dy guv

Reserve Bank of India Deputy Governor Swaminathan J urged public sector banks to build strong capital buffers. He stressed proactive risk management amid global uncertainties. The government also notified a new Payments Regulatory Board. This board replaces the RBI's internal payments body. RBI revised its liquidity framework to ensure predictable short-term interest rates. These changes aim for stronger financial stability.

PSBs must guard against shocks: RBI dy guv
Reserve Bank of India Deputy Governor Swaminathan J urged public sector banks to build strong capital buffers. He stressed proactive risk management amid global uncertainties. The government also notified a new Payments Regulatory Board. This board replaces the RBI's internal payments body. RBI revised its liquidity framework to ensure predictable short-term interest rates. These changes aim for stronger financial stability.