In a special and exclusive conversation, RBI Governor Shaktikanta Das and NDTV's Editor-In-Chief Sanjay Pugalia disuss the Indian economy and the future of banking in India.
RBI Governor Shaktikanta Das talked about inflation, use of AI, cybersecurity, financial stability and much more.
Here are the highlights of the interview-
Aug 20, 2024 16:55 (IST)
RBI Governor Shaktikanta Das Exclusive:
"We have released an agenda for RBI at 100 years. Driving philosophy of this is to keep RBI future-ready. Everything here has been a team effort. I would like to complement the entire team at RBI, and also congratulate all the regulated entities who have done very well," says RBI Governor Shaktikanta Das.
Aug 20, 2024 16:38 (IST)
RBI Governor Shaktikanta Das Exclusive:
"RBI's focus is mainly to ensure financial and monetary stability of the country. We are a not-for-profit organisation, that's why we transfer a surplus to the government every year, not any profit or loss" says RBI Governor Shaktikanta Das.
Aug 20, 2024 16:37 (IST)
RBI Governor Shaktikanta Das On Use Of AI:
"AI and other modern methods are being used to sharpen supervision. Through various analytics tools, we are analysing a lot of the problems facing the sector. But this is a constant process and must be re-evaluated continuously," says RBI Governor Shaktikanta Das.
Aug 20, 2024 16:28 (IST)
RBI Governor Shaktikanta Das Exclusive:
"In the banking sector, RBI's efforts for the last 5-6 years has been to improve governance related aspects such as risk management, compliance culture, I am happy to mention that overall governance standars in Indian banking system has improved a lot in last few years," says RBI Governor Shaktikanta Das.
Aug 20, 2024 16:11 (IST)
RBI Governor Shaktikanta Das Exclusive:
"India has handled the Covid crisis and post-Covid crises very well, last 5-6 years have been years of great volatility. India's navigation of these crises has been highlighted by efforts of the people. RBI and the government's coordinated efforts have also helped very much," says RBI Governor Shaktikanta Das.
Aug 20, 2024 16:09 (IST)
RBI Governor Shaktikanta Das Exclusive:
"Not many people know fully what the RBI does, RBI affects the life of every person...Our attempt has been to ensure that RBI's communication and its outreach efforts go well," says RBI Governor Shaktikanta Das.
Aug 20, 2024 16:07 (IST)
RBI Governor Shaktikanta Das Exclusive:
"Starting April 2024, this is RBI's 90th year, Tt is a very momentous year for RBI. RBI functioning started in 1935," says RBI Governor Shaktikanta Das.
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