Das said recent developments in the US banking system had brought to the fore the criticality of banking sector regulations and supervision. “These are areas which have a significant impact on preserving the financial stability of every country,” he said while delivering the K P Hormis Comm–emorative Lecture in Kochi. “I am happy to report that the way the Indian banking system has evolved and the way it is positioned today, it continues to be resilient and stable.”
He said the US banking crisis “drives home the importance of prudent asset-liability management, robust risk management and sustainable growth in liabilities and assets, undertaking periodic stress tests and building up periodic buffers for any unanticipated future stress”. This also underlined that cryptocurrencies or assets could be a real danger to banks, whether directly or indirectly, he added.
Diese Geschichte stammt aus der March 18, 2023-Ausgabe von Business Standard.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der March 18, 2023-Ausgabe von Business Standard.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Investing for children: Buy house or opt for MFs?
I was speaking to Meera and her spouse, Karan, about their financial plan.
Failure to report foreign income leads to loss of DTAA benefit
Not reporting foreign assets and income may also result in penalty and even jail sentence
Sparks fly after Musk's EVM post, Chandrasekhar offers 'tutorial'
Tesla and SpaceX Chief Executive Officer (CEO) Elon Musk has said that electronic voting machines (EVMs) should be eliminated as they are prone to \"getting hacked\" by humans or AI (artificial intelligence).
Fresher hiring in IT sector tumbles to 2-decade low
India's software services companies have hired between 60,000 and 70,000 freshers in FY24, the lowest intake in two decades, according to HR firm Xpheno.
DAUGHTERS INC
The unfolding succession at several Indian family businesses is shining the spotlight on daughters
Is Nabfid the answer to India's infra woes?
Though earlier such attempts had failed, Nabfid should succeed as the ecosystem is changing
Fintech's time and tide for turning
A self-regulatory framework will reshape how the sector does business but it must find people who will helm the system
Seven things digital lenders must do to manage risks
Every adversity brings with it the seed of an equivalent advantage, said Napoleon Hill in his bestselling book Think and Grow Rich.
Macrotech and Oberoi Realty elevate Mumbai skyline with highrise sales
ARCHITECTS OF MARKET DOMINANCE: Leading largecap realty stocks with 29% to 33% gains in recent surge
Unveiling a champion: How this fund beats the rest
HDFC Flexi Cap Fund, launched in January 1995, has consistently ranked in the top 30th percentile of the flexicap fund category in the CRISIL Mutual Fund Ranking (CMFR) for three consecutive quarters through March 2024.