RBI Governor Flags Rising Interconnectivity in Banking NBFCs
ECONOMY & POLICY

RBI Governor Flags Rising Interconnectivity in Banking NBFCs

Reserve Bank of India (RBI) Governor Shaktikanta Das has raised concerns over the increasing interconnectivity between banks and Non-Banking Financial Companies (NBFCs). The acknowledgement of this growing trend underscores the need for regulatory attention and risk management in the financial sector.

Governor Das's remarks draw attention to the intricate relationships between traditional banks and NBFCs, emphasising the potential implications for financial stability. As interconnectivity rises, there is a heightened importance for robust regulatory frameworks and proactive measures to mitigate systemic risks.

The RBI's focus on the evolving dynamics between banks and NBFCs aligns with the central bank's commitment to maintaining a resilient and stable financial system. Governor Das's cautionary note indicates the need for continuous monitoring and adaptation of regulatory policies to address emerging challenges in the financial landscape.

The increasing interconnectivity in the banking-NBFC space reflects the evolving nature of financial services and the interconnectedness of various players in the sector. The RBI's proactive stance in acknowledging and addressing these trends demonstrates a commitment to safeguarding the integrity and stability of India's financial system.

Reserve Bank of India (RBI) Governor Shaktikanta Das has raised concerns over the increasing interconnectivity between banks and Non-Banking Financial Companies (NBFCs). The acknowledgement of this growing trend underscores the need for regulatory attention and risk management in the financial sector. Governor Das's remarks draw attention to the intricate relationships between traditional banks and NBFCs, emphasising the potential implications for financial stability. As interconnectivity rises, there is a heightened importance for robust regulatory frameworks and proactive measures to mitigate systemic risks. The RBI's focus on the evolving dynamics between banks and NBFCs aligns with the central bank's commitment to maintaining a resilient and stable financial system. Governor Das's cautionary note indicates the need for continuous monitoring and adaptation of regulatory policies to address emerging challenges in the financial landscape. The increasing interconnectivity in the banking-NBFC space reflects the evolving nature of financial services and the interconnectedness of various players in the sector. The RBI's proactive stance in acknowledging and addressing these trends demonstrates a commitment to safeguarding the integrity and stability of India's financial system.

Next Story
Resources

Skyview by Empyrean is Making Benchmarks in the Indian Ropeway Industry

FIL Industries Private Limited, the parent company of Empyrean Skyview Projects that pioneered ropeway mobility solutions in India with Jammu’s Skyview Gondola, is currently developing the Dehradun-Mussoorie ropeway and is on track to complete Phase I by September 2026. The ropeway is set to be India’s longest passenger aerial monocable covering 5.8 km between the foothills of Dehradun in Purkulgam and MDDA taxi stand in the hills of Mussoorie in just under 20 minutes. The firm pioneered green mobility solutions in India with the development of the flagship Skyview Gondola in Jam..

Next Story
Technology

Creativity is for Humans, Productivity is for Robots!

On most construction sites, the rhythm of progress is measured by the clang of steel, the hum of machinery and the sweat of thousands. But increasingly, new sounds are entering the mix: the quiet efficiency of algorithms, the hum of drones overhead, and the precision of robotic arms at work. Behind the concrete and cables, an invisible force is taking hold: data. It is turning blueprints into living simulations, managing fleets of machines, and helping engineers make decisions before a single brick is laid. This is not the construction of tomorrow; it is the architecture of today – built on ..

Next Story
Infrastructure Urban

Bhartiya Urban Unveils ‘Bhartiya Converge’ GCC Enablement Platform

Bhartiya Urban has launched Bhartiya Converge, its latest business venture designed to become India’s premier platform for enabling Global Capability Centres (GCCs). The initiative offers an integrated ecosystem aimed at helping global clients gain a competitive edge in today’s rapidly evolving business environment. Focused on enhancing turnaround time and operational efficiencies, the company seeks to deliver better business outcomes powered by top-tier talent. Bhartiya Converge presents a customised and integrated suite of microservices that addresses the nuanced and evolving operational..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?