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Trust, Governance and Innovation Take Centre Stage at 12th G. Ramachandran Memorial Lecture
Chennai: The 12th G. Ramachandran Memorial Lecture brought together leading voices from India’s banking and economic policy landscape, underscoring the critical role of trust, governance, and innovation in shaping the future of the financial sector. The event featured eminent speakers including J. Swaminathan, Deputy Governor of the Reserve Bank of India; C. Rangarajan, former Governor of the RBI and Chairman of the Madras School of Economics; V. N. Shiva Shankar, Senior Vice President of the Southern India Chamber of Commerce and Industry; and N. R. Bhanumurthy, Director of the Madras School of Economics. Delivering the keynote address, J. Swaminathan described banking as a continuous journey of learning, evolving from frontline customer engagement to broader supervisory responsibilities. He emphasized that while operational experience builds foundational understanding, the role of a regulator requires a wider, system-level perspective rooted in public interest. Characterising banks a...