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RBIs endeavor to optimize regulatory framework by balancing financial stability, efficiency: Guv

Mumbai, Apr 1 RBI Governor Sanjay Malhotra on Tuesday underscored the central bank's commitment to bolstering consumer protection, while optimising regulatory frameworks, to strike a balance between financial stability and efficiency. Today, we stand at the confluence of tradition and transformation, where the imperatives of price stability, financial stability and economic growth intersect with rapid technological advancements, global uncertainties, challenges of climate change and increasing public expectations." It will be our endeavor to optimize our regulatory frameworks by balancing the interests of financial stability and efficiency. RBI will do everything that is required to improve the financial system by expanding its access, enhancing its efficiency and strengthening its resilience in an evolving economic landscape, he said.

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