Articles for tag: Bold, Criticism, Financial, Industry, Integrity, Measures, Protecting, RBIs

RBI’s Bold Measures: Protecting Financial Integrity Amidst Industry Criticism

The Reserve Bank of India’s Deputy Governor, Swaminathan J, emphasized that the central bank’s recent strict actions against certain financial institutions are aimed at maintaining the stability and integrity of the financial system, not to disrupt business. He addressed concerns about the regulator’s perceived eagerness to impose restrictions, clarifying that these measures are taken only ...