Sanjay Malhotra inaugurated the new campus of Centre for Advanced Financial Research and Learning in Mumbai, emphasizing continuous learning, skill development and financial research. The RBI-promoted institute aims to be a global centre of excellence in banking, finance and macroeconomics, focusing on policy research and executive training under RBI oversight.
New Delhi: Reserve Bank of India (RBI) Governor Sanjay Malhotra inaugurated the new campus building of the Centre for Advanced Financial Research and Learning (CAFRAL) in Mumbai on Tuesday.
The newly inaugurated research and learning facility is an apex institution promoted directly by the country's central banking regulator.
In his inaugural address, the RBI Governor congratulated the central institution for transitioning into its own dedicated premises. Malhotra underscored the immediate necessity of upgrading skills and maintaining high-quality analysis within the national regulatory ecosystem.
"Emphasised the importance of continuous learning, capacity building and in-depth research to meet the challenging requirements of the financial sector," RBI said in a press release.
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