“We do not wait for the house to catch fire and then act…”: Why RBI governor Shaktikanta Das said this to banks & NBFCs

RBI governor Shaktikanta Das has said that the recent pre-emptive measures taken by the Reserve Bank in respect of Banks and NBFCs were geared towards addressing potential risks and preserving the resilience of the financial sector.

Dec 8, 2023 - 17:30
“We do not wait for the house to catch fire and then act…”: Why RBI governor Shaktikanta Das said this to banks & NBFCs
RBI governor Shaktikanta Das has said that the recent pre-emptive measures taken by the Reserve Bank in respect of Banks and NBFCs were geared towards addressing potential risks and preserving the resilience of the financial sector.