RBI asks banks to remain vigilant to any emerging signs of vulnerabilities

Das acknowledged the improved financial and operational resilience of the banking sector that imparts strength to financial stability.

New Delhi: RBI Governor Shaktikanta Das on Tuesday asked banks to remain vigilant to any emerging signs of vulnerabilities and take timely remedial measures to mitigate the risks.

In a statement, the Reserve Bank of India (RBI) said the governor held separate meetings with the MD and CEOs of public sector banks and certain private sector banks through videoconferencing.

In his opening remarks, Das acknowledged the improved financial and operational resilience of the banking sector that imparts strength to financial stability.