JAMMU, Feb. 27 -- India's march towards becoming a developed nation by 2047 must be powered by a financial system that is not just large, but trustworthy, resilient, and equitable, Reserve Bank of India (RBI) Deputy Governor Swaminathan J said on Friday. He said the architecture of India's future financial ecosystem must rest firmly on three foundational pillars - safety, fairness, and reliability. Delivering the keynote address at the Third International Finance and Accounting Conference (IFAC 2026), he emphasised that true development extends beyond headline GDP numbers to improving the quality of life, finance, he observed, is ultimately a people-centric enterprise built on trust, transparency, and integrity.
The conference was hosted b...