risk aversion

Risk-aversion will be self-defeating for banks: RBI Governor Shaktikanta Das

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Risk-aversion will be self-defeating for banks: RBI Governor Shaktikanta Das

Mumbai: RBI Governor Shaktikanta Das on Thursday warned banks that being overly risk averse will be “self-defeating” and that lenders will not be able to “win their bread” if they do not carry out their basic task. Speaking at a webinar organised by financial daily Business Standard, Das said, rather than becoming averse to lending, … Read more

View: How India can get its growth back on track after the coronavirus pandemic

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View: How India can get its growth back on track after the coronavirus pandemic

A subdued global economy further impacted growth. The pandemic has rendered the outlook even more sombre. So is India’s growth story over? Synopsis With continued policy attention on reforms — which spur private investment, increase the economy’s competitiveness, promote greater integration into the global economy, and ensure an efficient financial sector — India can revert … Read more