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Shaktikanta Das asks emerging economies to strengthen risk buffers; warns banks of growing AI use

By Economic Times - a month ago
RBI Governor Shaktikanta Das urged banks to fortify their liquidity buffers against potential threats and cautioned about the financial stability risks posed by AI and tech provider concentration. He emphasized the importance of risk mitigation measures and the need for emerging economies to strengthen policy frameworks amidst monetary policy divergences affecting capital flows and exchange rates.

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