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ਮਈ 31, 2023
Governance in Banks: Driving Sustainable Growth and Stability - Speech delivered by Shri M K Jain, Deputy Governor, Reserve Bank of India at the Conference of Directors of Banks organised by the Reserve Bank of India for Public Sector Banks on May 22, 2023 in New Delhi and Private Sector Banks on May 29, 2023 in Mumbai
Governor, Deputy Governor Shri M R Rao, colleagues from the RBI and distinguished directors of banks. Good morning. It is indeed an honour to be here to discuss a topic of utmost importance: Governance in Banks – Driving Sustainable Growth and Stability. You are seasoned professionals with expertise in your domains. Today, I intend to share some insights from my experience both as a practitioner as well as supervisor. 2. We had three key objectives in mind for holding
Shri M. K. Jain, Deputy Governor, Reserve Bank of India
Governor, Deputy Governor Shri M R Rao, colleagues from the RBI and distinguished directors of banks. Good morning. It is indeed an honour to be here to discuss a topic of utmost importance: Governance in Banks – Driving Sustainable Growth and Stability. You are seasoned professionals with expertise in your domains. Today, I intend to share some insights from my experience both as a practitioner as well as supervisor. 2. We had three key objectives in mind for holding
ਮਈ 29, 2023
‘Governance in Banks: Driving Sustainable Growth and Stability’ - Inaugural Address by Shri Shaktikanta Das, Governor at the Conference of Directors of Banks organised by the Reserve Bank of India for Public Sector Banks on May 22, 2023 in New Delhi and Private Sector Banks on May 29, 2023 in Mumbai
I am very happy to be here in this maiden Conference of the Directors in the Boards of Banks organised by the Reserve Bank of India. At the outset, I would like to acknowledge the key role played by the Banks in the process of economic development of our country. Over the years and especially in the recent period, Banks have been able to maintain financial and operational resilience in the face of extreme stress originating from the COVID-19 pandemic, the continuing w
Shri Shaktikanta Das, Governor, Reserve Bank of India
I am very happy to be here in this maiden Conference of the Directors in the Boards of Banks organised by the Reserve Bank of India. At the outset, I would like to acknowledge the key role played by the Banks in the process of economic development of our country. Over the years and especially in the recent period, Banks have been able to maintain financial and operational resilience in the face of extreme stress originating from the COVID-19 pandemic, the continuing w
ਮਾਰਚ 17, 2023
G20 for a Better Global Economic Order during India’s Presidency - 17th K P Hormis Commemorative Lecture by Shri Shaktikanta Das, Governor, Reserve Bank of India, Kochi, March 17, 2023

I am delighted to have been invited by Federal Bank to deliver the K P Hormis Commemorative Lecture today. Late Shri K P Hormis, the founder of the Federal Bank, was a great institution builder who recognised early the critical role of entrepreneurs in an economy, the importance of banks in providing finance, particularly to small scale entrepreneurs, and the need for prudence in banking business to preserve financial stability. 2. Despite the multiple and overlapping

Shri Shaktikanta Das, Governor, Reserve Bank of India

I am delighted to have been invited by Federal Bank to deliver the K P Hormis Commemorative Lecture today. Late Shri K P Hormis, the founder of the Federal Bank, was a great institution builder who recognised early the critical role of entrepreneurs in an economy, the importance of banks in providing finance, particularly to small scale entrepreneurs, and the need for prudence in banking business to preserve financial stability. 2. Despite the multiple and overlapping

ਦਸੰ 27, 2022
Fintech & Regulation
1. Year-ends are usually a time for introspection and 2022 clearly offers a lot of food for thought. On the bright side, humanity seems to be finally putting the horrors of Covid behind it. The rest of the story is not so bright. The specter of war and geopolitical tension has reared its head again. We were told in the late 1990s that business cycles were dead and inflation has been conquered. After the financial crisis in advanced economies, the focus shifted to defl
Shri T. Rabi Sankar, Deputy Governor, Reserve Bank of India
1. Year-ends are usually a time for introspection and 2022 clearly offers a lot of food for thought. On the bright side, humanity seems to be finally putting the horrors of Covid behind it. The rest of the story is not so bright. The specter of war and geopolitical tension has reared its head again. We were told in the late 1990s that business cycles were dead and inflation has been conquered. After the financial crisis in advanced economies, the focus shifted to defl
ਦਸੰ 08, 2022
Capacity Building in the Financial Sector in the face of Emerging Challenges
Chairman Governing Board, NIBSCOM as well as other Governing Board Members, NIBSCOM; Director, NIBSCOM and Faculty Members of NIBSCOM; Eminent bankers, ladies and gentlemen. Good afternoon. 1. Thank you for inviting me to the Golden Jubilee celebration of this premier institution. Over the last 50 years the National Institute for Banking Studies and Corporate Management (NIBSCOM) has provided exemplary service to the banking industry by training several generations of
Shri M. K. Jain, Deputy Governor, Reserve Bank of India
Chairman Governing Board, NIBSCOM as well as other Governing Board Members, NIBSCOM; Director, NIBSCOM and Faculty Members of NIBSCOM; Eminent bankers, ladies and gentlemen. Good afternoon. 1. Thank you for inviting me to the Golden Jubilee celebration of this premier institution. Over the last 50 years the National Institute for Banking Studies and Corporate Management (NIBSCOM) has provided exemplary service to the banking industry by training several generations of
ਨਵੰ 02, 2022
India : A Story of Resilience
I am happy to have been invited to this Annual FIBAC 2022 Conference. This is an important forum for industry stalwarts, banking practitioners, thought leaders and policymakers to brainstorm on emerging issues. This conference is being held at a time when the global economy is going through a process of churning. Triple shocks of COVID-19, war in Ukraine and the current financial market turmoil have created a toxic mix of factors and circumstances which every country
Shri Shaktikanta Das, Governor, Reserve Bank of India
I am happy to have been invited to this Annual FIBAC 2022 Conference. This is an important forum for industry stalwarts, banking practitioners, thought leaders and policymakers to brainstorm on emerging issues. This conference is being held at a time when the global economy is going through a process of churning. Triple shocks of COVID-19, war in Ukraine and the current financial market turmoil have created a toxic mix of factors and circumstances which every country
ਅਕਤੂ 16, 2022
Virtual Launch of DBUs
Hon’ble Prime Minister, Hon’ble Finance Minister, Hon’ble Ministers from the Central Government, Hon’ble Chief Ministers and Ministers from the State Governments, Hon’ble MPs and MLAs, Officers from Central and State Governments, Deputy Governors of RBI, MD&CEOs of Banks, Dignitaries and participants from across the country, Ladies and Gentlemen. 2. It is my proud privilege to welcome the Hon’ble Prime Minister to this event. His presence here is a great source of
Shri Shaktikanta Das, Governor, Reserve Bank of India
Hon’ble Prime Minister, Hon’ble Finance Minister, Hon’ble Ministers from the Central Government, Hon’ble Chief Ministers and Ministers from the State Governments, Hon’ble MPs and MLAs, Officers from Central and State Governments, Deputy Governors of RBI, MD&CEOs of Banks, Dignitaries and participants from across the country, Ladies and Gentlemen. 2. It is my proud privilege to welcome the Hon’ble Prime Minister to this event. His presence here is a great source of
ਜੁਲਾ 22, 2022
Banking Beyond Tomorrow
I am delighted to be here among such a distinguished gathering at the Bank of Baroda Banking Conference. I wish to compliment the Bank of Baroda for organising this event and for having chosen ‘Banking Beyond Tomorrow’ as the theme of the Conference. Given that the banking landscape is witnessing far-reaching changes in the backdrop of rapid innovation, disruption and evolution of new business models, I believe this theme merits active discussion. 2. In my address tod
Shri Shaktikanta Das, Governor, Reserve Bank of India
I am delighted to be here among such a distinguished gathering at the Bank of Baroda Banking Conference. I wish to compliment the Bank of Baroda for organising this event and for having chosen ‘Banking Beyond Tomorrow’ as the theme of the Conference. Given that the banking landscape is witnessing far-reaching changes in the backdrop of rapid innovation, disruption and evolution of new business models, I believe this theme merits active discussion. 2. In my address tod
ਜੂਨ 20, 2022
Building a Future-ready Banking System
Good morning, everyone! 1. Thank you for inviting me to deliver this inaugural address this morning. This conference has been appropriately timed and quite aptly themed as we strive to come out of the debilitating impact of the pandemic. While some parts of the country are witnessing a rise in infections, the vaccines seem to have reduced its impact and infections are not as severe as they were previously. Hopefully, going forward we would be able to go on with our li
Shri M. Rajeshwar Rao, Deputy Governor, Reserve Bank of India
Good morning, everyone! 1. Thank you for inviting me to deliver this inaugural address this morning. This conference has been appropriately timed and quite aptly themed as we strive to come out of the debilitating impact of the pandemic. While some parts of the country are witnessing a rise in infections, the vaccines seem to have reduced its impact and infections are not as severe as they were previously. Hopefully, going forward we would be able to go on with our li
ਜੂਨ 17, 2022
Disruptions & Opportunities in the Financial Sector
It is my pleasure to be here amongst such a distinguished gathering to deliver the inaugural address at the Financial Express Modern BFSI Summit. The theme of my address “Disruptions & Opportunities in the Financial Sector’ will resonate in the current context of technological innovations and fast evolving business models in the financial sector. 2. The impact of Covid-19 pandemic, the recent geo-political crisis and the all-pervasive technological innovations swe
Shri Shaktikanta Das, Governor, Reserve Bank of India
It is my pleasure to be here amongst such a distinguished gathering to deliver the inaugural address at the Financial Express Modern BFSI Summit. The theme of my address “Disruptions & Opportunities in the Financial Sector’ will resonate in the current context of technological innovations and fast evolving business models in the financial sector. 2. The impact of Covid-19 pandemic, the recent geo-political crisis and the all-pervasive technological innovations swe

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