RBI governor lists climate risks, over-dependent on tech as biggest threats to central banking

MUMBAI: RBI governor Shaktikanta Das said the biggest threats to central banking in future will be from climate risks and the over-permeation of technology in the financial services space.

He also pointed out that as pre-eminent macro-financial policy institutions, central banks have to keep reinventing themselves in tune with the challenging times by anticipating future risks and undertaking suitable pre-emptive measures to avert or mitigate potential risks.