cost of unacceptable risks: RBI governor

Business models designed for profitability could contain vulnerabilities that may not be apparent, says Shaktikanta Das

While business models may be designed to drive profitability and growth, they sometimes contain vulnerabilities that may not be apparent,” he said in Mumbai. Both regulated entities and supervisors need to be vigilant to risks, if any, in their business models.

“Pursuit of business growth is important, but it should never come at the expense of taking on unacceptable risks,” Das said while speaking at the Global Conference on Financial Resilience organised by the College of Supervisors.