RBI Deputy Governor Warns Banks Against Diluting Internal Controls Amid Rapid Digitalisation

RBI April 2026 Banking

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 …

Banks Urged to Balance Growth with Strong Risk Management Amid Fintech Competition

Banks must pursue growth cautiously while strengthening their risk management frameworks, as competition from fintech firms continues to intensify, experts said at a recent industry interaction in Telangana. Speakers stressed that while digital innovation has expanded access to financial services, Read More …