Policy must balance innovation with accountability, resilience: RBI Deputy Guv Rohit Jain
MeridStreet AI summaryRBI Deputy Governor Rohit Jain stressed the need for a balanced approach in policy-making. This involves promoting innovation while also ensuring accountability, resilience, and reliability in the financial sector. By doing so, the policy can effectively fuel growth and make financial services more useful and responsive to individuals' needs. This balance is crucial for the overall health of the economy and financial markets.
Read the source report: Economic Times →
Why it matters
RBI Deputy Governor Rohit Jain emphasized the importance of policy in promoting innovation responsibly. He highlighted the need for clear guidelines and opportunities for growth.
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