Reserve Bank of India (RBI) Deputy Governor Swaminathan J has cautioned banks and other financial institutions against weakening internal controls in their pursuit of digital transformation, faster transactions and improved customer convenience. He emphasised that technological advancements, including artificial intelligence Read More …
Tag: banking regulations
RBI Deputy Governor Warns Banks Against Diluting Internal Controls Amid Rapid Digitalisation
RBI Cybersecurity Directions 2026: Requirements and Roadmap for Banks
RBI’s Cybersecurity, Technology: Risk, Resilience and Assurance Framework Directions took effect on 31 July 2026, the day they were issued, with no transition period reported. Banks and NBFCs are already expected to comply, so the question for most teams is Read More …
‘When you’re lending, you have to be very conscious of risk’: IDFC First Bank’s boss V. Vaidyanathan on Indian economy, banking regulations and more
For V. Vaidyanathan, MD & CEO of IDFC First Bank, India is a good place to be. The financial services veteran, who started out as a banker, then turned entrepreneur, and now leads the bank formed as a result of the Read More …