MUMBAI, India, Feb. 21 -- Reserve Bank of India issued the following speech:
Introduction
Good Morning All!
I thank IIM, Kozhikode and the National Stock Exchange for inviting me to deliver the inaugural address at this Conference. The theme for the conference- "Finance for Growth Amid Creative Disruptions"-captures the essence of the transformation we are witnessing in the financial sector - not just in India but globally. Disruptions in finance are not new, but what sets this era apart is the unprecedented pace and scale of change, fuelled by digitalization, artificial intelligence, and the resulting confluence of these changes leading to emergence of new business models. These changes make it essential for us to understand how to harn...