印度储备银行行长桑杰·马洛特拉周六表示，下一场金融危机可能源自金融领域之外。
The next financial crisis could originate from a source outside the world of finance, Reserve Bank of India Governor Sanjay Malhotra said Saturday.
马洛特拉在新德里的一场活动上说：“它可能始于地缘政治事件、网络攻击或技术故障，并通过多重渠道影响金融体系。”他说，虽然印度仍会因大宗商品价格上涨和“外部部门压力”而受到伊朗战争的影响，但经济正“从实力地位出发”应对这一阶段。
“It may begin with a geopolitical event, or cyber attack or a technological failure that affects the financial system through multiple channels,” Malhotra said at an event in New Delhi. While India remains exposed to the effects of the war in Iran through higher commodity prices and “external sector pressures,” the economy is navigating this phase “from a position of strength,” he said.
这位行长强调，新一代系统性风险日益呈现“外生”性质，凸显了监管机构有必要将目光投向传统金融不稳定来源之外。
The governor was highlighting a new generation of systemic risks that are increasingly “exogenous” in nature, underscoring the need for regulators to look beyond traditional sources of financial instability.
印度储备银行预计将于周三公布货币政策决定。随着这个亚洲第三大经济体的通胀加剧，多数经济学家预计该央行将自2023年初以来首次加息。马洛特拉未就货币政策发表评论。
The RBI is due to announce its monetary policy decision on Wednesday. Most economists expect the central bank to raise interest rates for the first time since early 2023 as inflation accelerates in Asia’s third-largest economy. Malhotra didn’t comment on monetary policy.
尽管面临外部逆风，印度经济仍保持韧性，4月至6月季度增长7.8%。强劲增长可能让政策制定者有更大空间提高借贷成本，而不会显著削弱需求。
India’s economy has remained resilient despite external headwinds, expanding 7.8% in the April-June quarter. Strong growth may give policymakers greater room to raise borrowing costs without materially weakening demand.
马洛特拉说，为增强系统性韧性，“我们必须努力更好地理解”金融体系各部分之间的相互联系以及潜在的 contagion 传播渠道。
To strengthen systemic resilience, “we must aim to better understand” interconnectedness and potential channels of contagion, Malhotra said.