Ravi Duvvuru

Regulation-making has become collaborative with changes first being brought in the form of a discussion paper or a draft circular

The RBI's efforts in 2023 were directed at supporting fair practices, innovation and controlling risks while focusing on financial stability

Regulated entities should realise that the central bank's enforcement actions carry reputation risks, erode investor confidence, and impact the chief executive's tenure

Financial institutions have limited choice. The central bank is increasingly looking at governance while evaluating the effectiveness of the board and senior management

It is time for an engagement strategy document incorporating best practices of other central banks in key markets