Monetary Policy Alone Cannot Handle Supply-Side Bottlenecks
The conversation about AI in finance must be balanced. We should neither be taken in by technological hype nor retreat into being defensive.
OTC derivatives markets, especially interest rate derivatives, remain concentrated in just one or two few products. It needs to improve if efficient interest rate hedging options have to be made available to stakeholders.
RBI Governor: We have sufficient reserves, and we have the buffers. And we will do whatever is required in order to ensure that we have good flows, and we are able to maintain an orderly movement of the Rupee. These are the primary areas that we will focus on.
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