India’s Financial Resilience Is No Shield Against Tomorrow’s Shocks, RBI Governor Warns
Reserve Bank of India Governor Sanjay Malhotra has cautioned that the current strength of the financial system should not be mistaken for permanent immunity from stress. Speaking against a backdrop of rising external and systemic risks, he said resilience today does not guarantee safety from future vulnerabilities, underscoring the need for continued vigilance in macroeconomic and financial oversight.
