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Searched Tag: rbi deputy governor m rajeshwar rao
Increased Credit Usage Threatens Savings Of Younger Generations Says RBI Dy Guv Patra. Representative Image.

RBI Dy Guv highlights risks of 'Buy Now Pay Later' schemes

December 17, 2024, 04:29 PM - 3 min read

The rise of digital financial solutions like "buy now, pay later" (BNPL) schemes and increased credit card usage has led to a worrying trend—reduced savings among younger generations.

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RBI Dy Guv pitches for enforceable code of conduct for CoC

RBI Dy Guv pitches for enforceable code of conduct for CoC

December 7, 2024, 05:06 PM - 2 min read

Reserve Bank Deputy Governor M Rajeshwar Rao said there have been instances where the CoC's performance has been found lacking in several aspects and pitched for an enforceable code of conduct for the Committee of Creditors (CoC) under the insolvency resolution process.

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India needs financial leap for 2047 goals: RBI Dy Guv Rao

India needs financial leap for 2047 goals: RBI Dy Guv Rao

November 28, 2024, 04:18 PM - 3 min read

"From a macro perspective, our national aspiration to become a developed economy by 2047 still requires a stronger foundation of financial institutions in a complex and rapidly evolving financial landscape," RBI Deputy Governor M. Rajeshwar Rao said while speaking at the 'High-Level Policy Conference of Central Banks in the Global South', organised by the Reserve Bank of India.

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