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SWAMINATHAN J
RBI says it is fully prepared for Anthropic's frontier AI model MythosIndia's central bank is fully prepared for Anthropic's advanced AI model, Mythos, despite awaiting final project details. Advisories have b...
RBI’s Swaminathan warns banks on rising risks beyond balance sheetsIndian banks face a new era of resilience. RBI Deputy Governor Swaminathan J highlighted the need to manage complex uncertainties from geop...
Lady sold apartment, took Rs 2.5 lakh cash, bought new apartment from son-in-law, paid no tax, got income tax notice; she fights back and wins case in ITAT ChennaiA Chennai woman successfully appealed a tax notice after selling her apartment for Rs 35.5 lakh, including Rs 2.5 lakh in cash, and buying ...
Supervision must look beyond formal compliance, says RBI Deputy Guv Swaminathan JRBI Deputy Governor Swaminathan J. warns that weak oversight in banking can lead to hidden risks. He stresses that supervision must go beyo...
Rohit Jain appointed RBI deputy governorRohit Jain, a Reserve Bank of India executive director, has been appointed deputy governor. His term begins on or after May 3, 2026, and wi...
Rohit Jain appointed RBI deputy governor for three-year termRohit Jain has been appointed as the new deputy governor of the Reserve Bank of India. His term will begin on May 3 and last for three year...
AI without safeguards can amplify existing weaknesses in financial sector: RBI DGIn a recent conference, Reserve Bank Deputy Governor Swaminathan J raised a red flag regarding the integration of AI in finance. He emphasi...
AI without safeguards can amplify existing weaknesses in financial sector: RBI deputy governorReserve Bank Deputy Governor Swaminathan J cautioned about AI in finance, saying that without proper safeguards, AI adoption can worsen exi...
HDFC Bank's board minutes reviewed, no concern on ethics and governance: RBIThe Reserve Bank of India has stated that HDFC Bank's board minutes and records are reviewed as part of its supervision. The central bank r...
West Asia crisis: RBI central board assesses emerging global, domestic economic scenarioThe central board of the Reserve Bank of India held an important meeting in Patna, where they analyzed the current state of the internation...
Ethics in banking not a soft theme, but a core safeguard: RBI DG SwaminathanReserve Bank of India Deputy Governor Swaminathan J emphasized that banking ethics are crucial for financial system safety. He highlighted ...
RBI flags complacency risks, urges PSBs to build stronger capital buffersRBI Deputy Governor Swaminathan J urged public sector banks to build stronger capital buffers and manage asset quality proactively, warning...
Banks' efforts at inclusion need quality focus: RBI DG SwaminathanIndian banks have significantly improved access to banking in remote areas, but more efforts are needed to enhance last-mile credit deliver...
Much more needs to be done to bridge last mile credit delivery: RBI dy governor Swaminathan JIndian banks have made significant progress in reaching remote areas, but more needs to be done to improve last mile credit delivery, said ...
RBI will have its say whenever digital lending creates riskThe RBI supports digital technologies for improved customer experience and innovation, yet intervenes when digital lending poses risks. RBI...
RBI deputy governor calls for strengthening governance at UCBsDeputy Governor Swaminathan J of the Reserve Bank emphasized the imperative to bolster governance and technological infrastructure in urban...
RBI deputy governor flags banks' tendency to depend on bulk depositsWhen interest rates decline, these long-term large deposits will still have to be managed and that can lead to lower profits and lower marg...