RBI Governor Inaugurates New CAFRAL Campus
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- Last Updated on 25 June, 2026
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Press Release: 2026-2027/523, Dated 23-06-2026
The Reserve Bank of India (RBI) Governor, Shri Sanjay Malhotra, inaugurated the new campus of the Centre for Advanced Financial Research and Learning (CAFRAL) in Mumbai. The inauguration underscores RBI’s continued focus on strengthening research, policy development and capacity building in the financial sector.
1. Inauguration of CAFRAL’s New Campus
The new CAFRAL campus was inaugurated by RBI Governor Shri Sanjay Malhotra in Mumbai.
The new facility is expected to further support CAFRAL’s role as a premier institution for research, learning and leadership development in the banking and financial services sector.
2. Emphasis on Continuous Learning and Capacity Building
During his inaugural address, the RBI Governor highlighted the importance of:
- Continuous learning;
- Capacity building; and
- High-quality research
in addressing the evolving needs and emerging challenges of the financial sector.
He emphasised that strengthening institutional capabilities is essential for fostering a resilient and future-ready financial ecosystem.
3. CAFRAL’s Role in Financial Sector Development
CAFRAL is an institution promoted by the Reserve Bank of India with a focus on:
- Policy-oriented research;
- Leadership development;
- Capacity building; and
- Knowledge dissemination.
The institution plays an important role in supporting evidence-based policymaking and professional development within the financial sector.
4. Focus Areas of CAFRAL
CAFRAL undertakes research and training programmes in areas such as:
- Banking;
- Finance;
- Macroeconomics; and
- Financial sector policy.
Its programmes are aimed at enhancing institutional knowledge and developing leadership capabilities across the financial ecosystem.
5. Objective of the Initiative
The inauguration of the new campus aims to:
- Strengthen research and learning infrastructure;
- Promote policy-oriented financial research;
- Enhance leadership development in the banking sector;
- Support capacity building for financial institutions; and
- Contribute to the development of a robust and resilient financial system.
6. Key Takeaway
RBI Governor Shri Sanjay Malhotra has inaugurated the new campus of the Centre for Advanced Financial Research and Learning (CAFRAL) in Mumbai. During the inaugural address, he emphasised the importance of continuous learning, capacity building and policy-oriented research in addressing the evolving needs of the financial sector. As an RBI-promoted institution, CAFRAL continues to play a key role in research, leadership development and knowledge creation in the fields of banking, finance and macroeconomics.
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