RBI Governor Das urged international institutions to enhance roles, improve regulations, and support emerging economies.

RBI Governor Shaktikanta Das called for reforms in the international financial system to better support emerging economies. He urged the IMF and World Bank to enhance their roles in decision-making and provide greater access to resources. Das highlighted the need for improved global financial regulations to address systemic risks from shadow banking and fintech. He also emphasized the G20's role in promoting open trade and cooperation on global challenges.

October 26, 2024
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