RBI Governor Warns Banks of Emerging AI-Driven Cyber Threats, Calls for Stronger Cybersecurity and IT Resilience

Reserve Bank of India (RBI) Governor Sanjay Malhotra has cautioned banks and financial institutions about emerging cybersecurity threats associated with artificial intelligence (AI), emphasising the need to strengthen IT infrastructure, safeguard customer information and promptly address technological vulnerabilities. Speaking at Read More …

RBI’s Digital Fraud Compensation Framework: What the ₹25,000 Cap and 85% Payout Rule Actually Mean

RBI Mythos AI Cybersecurity Advisory: Risk Team Checklist for Indian Banks

RBI has finalised a compensation framework for victims of small-value digital fraud in banking, effective from January 1, 2027. A bona fide individual victim with a gross loss of up to ₹50,000 from a fraudulent electronic banking transaction will be Read More …