RBI’s supervisory system has been overhauled in recent years through a unified and harmonised approach for commercial banks, non-banking finance companies, and urban cooperative banks. “The focus is now more on identifying the root cause of vulnerabilities, rather than dealing with the symptoms alone,” Das said.
Dollar feeble as rate hike bets dwindle, Iran war worries grow
The U.S. dollar weakened against major currencies as traders scaled back tightening expectations. Soft economic data, including retail sales and job losses, influenced these shifts.
August 18, 2026