RBI deputy governor calls underwriting and risk pricing key to bank growth
In short
RBI Deputy Governor Swaminathan J said banks need sound underwriting, proper risk pricing, stable deposits and strong governance. He said these are important for sustainable growth in banking.
This matters because banks may use this as guidance on lending and deposit strategy. The reporting does not say whether any new RBI rule was announced or what specific banks were named.
What the reporting says
RBI Deputy Governor Swaminathan J said sound underwriting, appropriate risk pricing, stable deposits and strong governance are key to sustainable growth in banking. The publisher-supplied summary does not say where he made the remarks or whether he announced any policy change. The immediate impact appears to be guidance for lenders rather than a direct regulatory action.
Why it matters
RBI Deputy Governor Swaminathan J said sound underwriting, appropriate risk pricing, stable deposits and strong governance are needed for sustainable growth in banking. The available summary frames this as a policy and industry message rather than a formal rule change. It may affect banks’ lending and funding practices, but the report does not mention a specific institution, venue, or new regulation.