Banks must learn to manage rate risks, RBI cannot always bail them out: Dy Guv Acharya
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Banks must not be surprised but understand the risks in the bond markets well and that central bank will not intervene to bail out banks from adverse interest rate movements, Reserve Bank of India (RBI) Deputy Governor Viral Acharya said.Banks must learn to manage rate risks, RBI cannot always bail them out: Dy Guv Acharya
Banks must not be surprised but understand the risks in the bond markets well and that central bank will not intervene to bail out banks from adverse interest rate movements, Reserve Bank of India (RBI) Deputy Governor Viral Acharya said. Read more