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RBI Deputy Guv warns banking supervision must go beyond reported numbers to stop hidden risks
Economy
Published on 4 May 2026
The RBI says “numbers” can mask real problems
RBI Deputy Governor Swaminathan J says banking supervision cannot rely solely on reported figures, warning that weak oversight can allow hidden risks to grow unnoticed. He argues regulators must understand actual business operations to better protect depositors and safeguard the wider economy. With digital banking expanding fast, he calls for stronger judgment and a public-purpose mindset.
- RBI Deputy Guv warns reported numbers may hide real risk
- Supervision should assess actual business operations
- Stronger oversight is aimed at protecting depositors
- Digital banking needs judgment and public purpose
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times