Ep26 Shape Up or Ship Out: Why is RBI tightening the noose when banks are flourishing? - In Bangla

Imagine a world where banks, despite their soaring profits, are held to an unforgiving standard. This is not fiction but the current reality in India, where the Reserve Bank of India (RBI) is cracking down hard on financial institutions. From stopping new customer onboarding to increasing risk weights on loans, the RBI's measures are shaking up the industry. Why is the RBI tightening the noose when banks are flourishing? The answer will leave you questioning everything you know about financial stability.
Source
Mohan, T. R. (2024). RBI Wants Financial Entities to Shape Up or Ship Out. Vol. 59, Issue No. 24, Economic and Political Weekly.
RBI not against any fintech; they are free to grow: Governor Shaktikanta Das. (2024, March 6). The Economic Times.