Regulators and regulated entities are on the same team and not opposite each other, says RBI Governor Malhotra

Reserve Bank of India (RBI) Governor Sanjay Malhotra (file photo) | Photo credit: PTI/KUNAL PATIL The Reserve Bank of India (RBI) views its regulatory and supervisory role towards the regulated entities as collaborative and not adversarial, Governor Sanjay Malhotra said. Moreover, the purpose of enforcement actions is generally not punitive, but primarily intended to be […]

Avoid complacency and remain vigilant in a dynamic environment, RBI Guv Malhotra tells top bankers

Sanjay Malhotra, Governor of the Reserve Bank of India. | Photo credit: DHIRAJ SINGH RBI Governor Sanjay Malhotra on Tuesday asked the heads of public sector and private sector banks to avoid complacency and remain vigilant in a dynamic environment. The aforementioned warning came even as he emphasized that there will be a steady improvement […]