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Trust, not profit, defines banking sector’s long-term success: RBI deputy governor

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Trust, not profit, defines banking sector’s long-term success: RBI deputy governor

CHENNAI: Underscoring the importance of trust in banking, Deputy Governor of the Reserve Bank of India Swaminathan J on Thursday said that the sector's long-term success hinges more on credibility than profitability. Delivering the 12th G Ramachandran Memorial Lecture at the Madras School of Economics, Swaminathan said that banking must be viewed as a process of continuous learning, evolving from…

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