SVB’s lesson is on prudence, but Indian banks stable: RBI governor
RBI governor Shaktikanta Das has said that events around the Silicon Valley Bank (SVB) failure in the US highlight the need for banks to be prudent in their asset-liability management and grow their deposits in a sustainable manner. He also said that the incident brings out the dangers that cryptocurrencies pose to banks.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
