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Recent Regulatory Actions Not Meant To Punish, Says RBI Governor
The governor added that financial stability and customer safety remain cornerstones of the RBI's supervision.
21 Aug 2024, 03:49 PM IST
Recent regulatory actions are not meant to punish institutions, RBI Governor Shaktikanta Das said in an exclusive conversation with NDTV Profit. The measures are meant for quick resolution, he said."Our approach has been that wherever there has been a deficiency, we first deal with these issues bilaterally," Das explained. The institution first provides a roadmap. Supervisory restrictions are imposed because the institution was unabl...
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