RBI deputy governor urges sound underwriting and risk pricing
In short
RBI Deputy Governor Swaminathan J said banks need sound underwriting, proper risk pricing, stable deposits and strong governance. He said these things are important for sustainable growth in banking.
What the reporting says
RBI Deputy Governor Swaminathan J said sound underwriting, appropriate risk pricing, stable deposits and strong governance are needed to ensure sustainable growth in banking. The immediate consequence is a warning for lenders, while any formal regulatory action remains unstated.
Why it matters
RBI Deputy Governor Swaminathan J said sound underwriting, appropriate risk pricing, stable deposits and strong governance are crucial for sustainable growth in banking. The remarks highlight risk management and funding stability in the sector.