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flag RBI official urges Indian finance leaders to prioritize ethics, risk, and governance for sustainable growth.

flag RBI Deputy Governor Swaminathan J urged future finance leaders at IIM Jammu to follow a three-part "career compass": respect the customer by prioritizing fair treatment and transparent products, respect financials by rigorously assessing asset quality and risk, and respect governance by addressing red flags despite flawed incentives. flag He stressed that ethical leadership requires judgment, discipline, and integrity over mere intelligence, warning that weak governance and overlooked risks often cause financial failures. flag He emphasized proactive risk questioning and linked these principles to India’s Viksit Bharat 2047 vision, calling for leaders who balance ambition with ethics, innovation with safeguards, and performance with long-term sustainability.

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