MUMBAI, India, Aug. 19 -- Reserve Bank of India issued the following speech:
Distinguished guests, colleagues from the banking and financial industry, ladies and gentlemen - Namaskar, and a very good afternoon.
1. It is a privilege to address this distinguished gathering at the fourth edition of the CNBC-TV18 Banking Transformation Summit. This year's theme captures, I think, exactly the right subjects for our times: "Scaling Bharat, Banking with Responsible AI". And it gives us a timely opportunity to consider how responsible innovation, governance, prudence and trust might define the next era of Indian banking.
2. Let me begin with a story - one I return to whenever I think about what it means for banking to serve a country like ours. ...