Shri r gandhi deputy governor of rivers college

Keynote address delivered by Shri R. Banks are special and therefore, exposed to special risks and challenges. In the course of fulfilling their primary function of financial intermediation they are intricately connected with various other drivers propelling growth and stability in the real sector. Banks are conduits for monetary policy transmission and serve as the backbone for credit creation and payments and settlement systems.

Indira gandhi

Also, banks are highly leveraged institutions and function in fiduciary capacity. Banking regulations also aim at building efficiency and resilience of the banking system on the one hand and address the concerns that arise from the functioning of the financial system. Financial risks are more dynamic than static and assume more intrepid forms with the evolution of the banking functions, products and financial innovation, increased functional integration and decentralisation.

Contagion and systemic risk, moral hazard, too big to fail phenomenon, public bailouts of banks are some of the issues that came under sharp scrutiny following the global financial crisis that erupted in As such banking regulation assumes critical significance to retain the resilience and soundness of the banking entities on the one hand and the macro-prudential stability of the financial system as a whole on the other and thereby also prevents volatility and disruptions in the real sector and the overall economy.

1991 prime minister of india

Then, there are, of course, the structural and developmental issues relevant to a particular economy and the financial system which, in a large part, provide the backdrop for the regulatory measures. URL: rbidocs. Create a free website or blog at WordPress. Home K. Raj Library — Content Alerts C. Search Search.