Mumbai, April 1 -- Sanjay Malhotra, Governor, Reserve Bank of India at the RBI has stated that Reserve Bank's role has expanded significantly beyond its initial mandate. 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.

The RBI governor has noted that next decade will be crucial in shaping the financial architecture of our economy. We remain committed to expanding and deepening financial inclusion. We shall strive to foster a culture of continuous improvement in customer services and strengthening customer...