India, Dec. 9 -- Reserve Bank of India Governor met the Managing Directors and CEOs of public sector banks and select private sector banks in Mumbai on December 9, 2025, as part of the central bank's ongoing engagement with senior leadership of regulated entities. The previous meeting was held on January 27, 2025.
Deputy Governors T. Rabi Sankar, Swaminathan J., Dr. Poonam Gupta and S.C. Murmu, along with Executive Directors overseeing supervision, regulation, enforcement and consumer education, were present.
The Governor noted steady improvements in the banking sector during 2025, while cautioning against complacency. He said the cumulative 125 bps rate easing and increased use of technology should help reduce intermediation costs and en...