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flag India's 2047 development goal depends on a trustworthy, ethical financial system, says RBI official.

flag RBI Deputy Governor Swaminathan Janakiraman emphasized at the IFAC 2026 conference in Jammu that India’s path to becoming a developed nation by 2047 hinges on a financial system built on safety, fairness, and reliability. flag He stressed the need for trust, transparency, and ethical leadership, calling for responsible technology use and transparent risk management to ensure inclusive, sustainable growth. flag The event, themed "Financial Strategies for Inclusive and Sustainable Economic Growth to achieve Viksit Bharat 2047," highlighted collaboration among academia, industry, and government to align research with national development goals.

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