Close Menu
Bangla news
    Facebook X (Twitter) Instagram
    Bangla news
    • প্রচ্ছদ
    • জাতীয়
    • অর্থনীতি
    • আন্তর্জাতিক
    • রাজনীতি
    • বিনোদন
    • খেলাধুলা
    • শিক্ষা
    • আরও
      • লাইফস্টাইল
      • বিজ্ঞান ও প্রযুক্তি
      • বিভাগীয় সংবাদ
      • স্বাস্থ্য
      • অন্যরকম খবর
      • অপরাধ-দুর্নীতি
      • পজিটিভ বাংলাদেশ
      • আইন-আদালত
      • ট্র্যাভেল
      • প্রশ্ন ও উত্তর
      • প্রবাসী খবর
      • আজকের রাশিফল
      • মুক্তমত/ফিচার/সাক্ষাৎকার
      • ইতিহাস
      • ক্যাম্পাস
      • ক্যারিয়ার ভাবনা
      • Jobs
      • লাইফ হ্যাকস
      • জমিজমা সংক্রান্ত
    • English
    Bangla news
    Home India highest-ranked G20 country according to CCPI: RBI Governor
    English International

    India highest-ranked G20 country according to CCPI: RBI Governor

    জুমবাংলা নিউজ ডেস্কMarch 18, 2023Updated:March 19, 20233 Mins Read
    Advertisement

    INTERNATIONAL DESK: Reserve Bank of India Governor Shaktikanta has said India is the “highest-ranked G20 country according to the Climate Change Performance Index ((CCPI) 2023” and is also the “5th best-performing country globally”.

    During the 17th K P Hormis Commemorative Lecture by the RBI Governor, Shaktikanta Das on Friday said, “Given that India is widely expected to remain as one of the fastest growing economies in the world, our energy demand could rise manifold. The challenge for us is twofold: one, to meet the projected increase in energy demand; and two, to rapidly transition from fossil fuel to renewables.”

    Climate proofing of our infrastructure has also been a priority, more so in view of the large investment in infrastructure in recent years,” the governor said. Through global forums such as the Coalition for Disaster Resilient Infrastructure (CDRI)4, India is providing leadership to global efforts for addressing these challenges,” the RBI governor said.

    The Governor said the ongoing global crisis was both an opportunity and a major test for the G20 which represents 85 per cent of world GDP and 75 per cent of global trade.

    “Following the East Asian financial crisis of 1997, the G20 was founded in 1999 as a forum for the Finance Ministers and Central Bank Governors to discuss global issues and policy options,” he added.

    “After the global financial crisis of 2008, G20 was upgraded to the level of heads of states/governments in 2009,” RBI governor said, adding “In an interconnected world, national policies alone may not be fully effective when the nature of the shocks is global and persistent.”

    The Governor said, “Of the multiple risks facing the world community, the surge in inflation has posed a complex monetary policy dilemma in every economy between raising interest rates enough to tame inflation, and at the same time minimising the growth sacrifice to avoid a hard landing.”

    He said the aggressive monetary policy tightening by systemic central banks since early 2022 and the consequent appreciation of the US dollar have led to several economies, with a high share of external debt, becoming highly vulnerable to debt distress.

    On the recent development in the US banking system, he said this had brought to the fore the criticality of banking sector regulation and supervision. “These are areas which have significant impact on preserving financial stability of every country.”

    He said these developments in the US drive home the importance of ensuring prudent asset liability management, robust risk management and sustainable growth in liabilities and assets; undertaking periodic stress tests; and building up capital buffers for any unanticipated future stress. “They also bring out that cryptocurrencies/assets or the like, can be a real danger to banks, whether directly or indirectly,” he added.

    The governor said that RBI had taken necessary steps in all these areas and that regulation and supervision of the financial sector and the regulated entities have been suitably strengthened.

    Shaktikanta Das said the regulatory steps included, among other things, the implementation of leverage ratio (June 2019), large exposures framework (June 2019), guidelines on governance in commercial banks (April 2021), guidelines on securitisation of standard assets (September 2021), scale-based regulatory (SBR) framework for NBFCs (October 2021), revised regulatory framework for microfinance (April 2022), Revised regulatory framework (July 2022) for Urban Cooperative Banks (UCBs) and guidelines on digital lending (September 2022).

    According to the governor, RBI’s supervisory systems have been strengthened significantly in recent years through measures which include a unified and harmonised supervisory approach for commercial banks, non-banking finance companies and urban co-operative banks. (ANI)

    জুমবাংলা নিউজ সবার আগে পেতে Follow করুন জুমবাংলা গুগল নিউজ, জুমবাংলা টুইটার , জুমবাংলা ফেসবুক, জুমবাংলা টেলিগ্রাম এবং সাবস্ক্রাইব করুন জুমবাংলা ইউটিউব চ্যানেলে।
    according ccpi: country english g20 governor highest-ranked india international rbi to
    Related Posts
    RoRo: Revolutionizing the World of Music with a Fusion of Culture and Rhythm

    RoRo: Revolutionizing the World of Music with a Fusion of Culture and Rhythm

    July 4, 2025
    Monetize a Niche Blog in 2025: Proven Strategies for Passive Income

    Monetize a Niche Blog in 2025: Proven Strategies for Passive Income

    July 4, 2025
    Chen Joong: Martial Arts Mastery Captivating Global Audiences

    Chen Joong: Martial Arts Mastery Captivating Global Audiences

    July 4, 2025
    সর্বশেষ খবর
    RoRo: Revolutionizing the World of Music with a Fusion of Culture and Rhythm

    RoRo: Revolutionizing the World of Music with a Fusion of Culture and Rhythm

    Monetize a Niche Blog in 2025: Proven Strategies for Passive Income

    Monetize a Niche Blog in 2025: Proven Strategies for Passive Income

    Chen Joong: Martial Arts Mastery Captivating Global Audiences

    Chen Joong: Martial Arts Mastery Captivating Global Audiences

    Hooked Creativity: Pioneering Personalized Shopping Experiences

    Hooked Creativity: Pioneering Personalized Shopping Experiences

    Lisa: The Inspirational Icon Shaping the Future of K-Pop

    Lisa: The Inspirational Icon Shaping the Future of K-Pop

    Erin Lim: The Charismatic Connector of Entertainment Worlds

    Erin Lim: The Charismatic Connector of Entertainment Worlds

    Alix Earle: The Relatable It Girl Revolutionizing Social Media Authenticity

    Alix Earle: The Relatable It Girl Revolutionizing Social Media Authenticity

    Metaverse Connect: Top Virtual Reality App 2025

    Metaverse Connect: Top Virtual Reality App 2025

    HT Media Digital Evolution: Leading the News Industry Revolution

    HT Media Digital Evolution: Leading the News Industry Revolution

    Faceless YouTube Video Creation Guide

    Faceless YouTube Video Creation Guide

    • About Us
    • Contact Us
    • Career
    • Advertise
    • DMCA
    • Privacy Policy
    © 2025 ZoomBangla News - Powered by ZoomBangla

    Type above and press Enter to search. Press Esc to cancel.