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RBI’s Swaminathan warns banks on rising risks beyond balance sheets

As reported by Stocks-Markets-Economic Times
Indian banks face a new era of resilience. RBI Deputy Governor Swaminathan J highlighted the need to manage complex uncertainties from geopolitics, climate change, and AI. This shift moves beyond balance sheet stress. Banks must adapt to unpredictable risks. The Indian financial system is entering this phase with strong fundamentals.
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