Branch2 Intelligence
Don't worry, banks have shock absorbers: RBI
Key takeaway
RBI flags rising interconnectedness and cybersecurity risks in financial system.
- Step 1RBI flags rising interconnectedness and cybersecurity risks in financial system.
- Step 2Banks increase provisioning and compliance spending, reducing net interest margins.
- Step 3Tighter lending standards reduce credit flow to SMEs, especially unsecured and small-ticket loans.
Source: IN:Economic Times
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