Consumer protection vital for 2047: RBI

India’s next growth phase hinges on three forces moving together — steady capital into productive, job-creating sectors; meaningful financial inclusion; and strong customer protection in an increasingly digital system, Reserve Bank Deputy Governor Swaminathan J said on Friday.

- FPJ News Service

Addressing students at the Third International Finance and Accounting Conference at IIM Jammu, he said Viksit Bharat@2047 will require resilient institutions that can support growth through cycles, inclusion that improves real outcomes for households and small enterprises, and safeguards that keep pace with innovation. Finance, he stressed, is ultimately about people.