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RBI Working to Improve Financial System Amid Changing Economic Landscape: Sanjay Malhotra
The Statesman Siliguri
|April 02, 2025
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Tuesday said the central bank is working to improve the financial system by expanding access, improving efficiency, and strengthening resilience in a changing economic landscape.
Speaking at the closing ceremony of the commemoration of the 90th year of the RBI, he said: "As we mark this milestone, we recognise that the RBI's role has expanded significantly beyond its initial mandate."
"Today, we stand at the confluence of tradition and transformation where the imperatives of price stability, financial stability, and economic growth intersect with rapid technological advancements, global uncertainties, challenges of climate change, and increasing public expectations."
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