💨 Abstract

Swaminathan, a deputy governor of India's central bank, has warned the boards of small finance banks to be aware of hidden and emerging risks that could harm their long-term success. He advises assessing overdependence on high-cost term deposits or bulk deposits from a few institutions, and evaluating substantial asset exposures that could negatively impact the banks if they were to sour.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖