Dr. Mishra is former Executive Director of RBI and the Founder Director of its College of Supervisors. He is currently RBI Chair Professor at Gokhale Institute of Politics and Economics.
Culture shapes how risk is lived, not just managed. Supervisors who ignore it miss the deepest root cause of institutional failure and misconduct.
Rabi N. Mishra
April 2, 2026 at 10:14 AM IST
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Indian boards have mastered the form of independence without hollowing out its substance. Unless dissent is enabled, accountability stays performative.
Srinath Sridharan
March 30, 2026 at 5:59 AM IST
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RBI is pioneering SupTech to keep pace with FinTech's rapid growth, but regulators worldwide must close the innovation gap before it becomes a chasm.
March 24, 2026 at 5:46 AM IST
Episodes of failure do not always occur because of individual misconduct within an institution. A subconscious, gradual drift away from well-established standards and principles may hasten a race to the bottom as well.
September 8, 2025 at 3:15 PM IST
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Almost two decades after the 2008 crisis, calls to ease financial regulation grow louder, risking return to the same policy mistakes that once shook the global system.
August 5, 2025 at 9:04 AM IST
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As financial risks evolve, supervision must move beyond checklists to build true resilience by focusing on governance, early signals, and immunity within institutions.
July 8, 2025 at 2:19 AM IST
India’s supervisory reforms offer a contrast to global delays, but resilience also depends on acknowledging what supervision cannot prevent.
June 14, 2025 at 6:20 AM IST
Removing “M” from the CAMELS rating in the name of objectivity risks blinding bank supervisors to governance and cultural breakdowns.
June 4, 2025 at 11:51 AM IST