https://www.business-standard.com/industry/banking/not-every-friction-in-finance-is-inefficiency-says-rbi-dg-swaminathan-126102101269_1.html
RBI deputy governor Swaminathan J explains that financial friction includes checks and balances. These help reduce fraud and errors. Financial institutions must maintain strong controls amid technological changes.
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#finance #rbi #controls #technology
RBI deputy governor Swaminathan J explains that financial friction includes checks and balances. These help reduce fraud and errors. Financial institutions must maintain strong controls amid technological changes.
Image:
#finance #rbi #controls #technology
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