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 …

UK Banking Regulator to Review Impact of Prudential Rules on Economic Growth and Competitiveness

RISK MANAGEMENT

The United Kingdom’s Prudential Regulation Authority (PRA) has announced plans to assess how financial regulations influence investment, capital availability, economic growth and international competitiveness, while maintaining financial stability and operational resilience as its primary supervisory priorities. Katharine Braddick, Chief Executive Read More …

RBI Reaffirms Mandatory Stock Market Listing for Upper-Layer NBFCs, Emphasises Financial Stability and Governance

The Reserve Bank of India (RBI) has reaffirmed that non-banking financial companies (NBFCs) classified under its Upper Layer regulatory framework must be listed on stock exchanges, reinforcing its commitment to transparency, corporate governance and financial stability within India’s non-banking financial Read More …

Bank of Japan Warns of AI-Driven Market Shocks, Non-Bank Financial Risks and Growing Cybersecurity Threats

The Bank of Japan (BOJ) has warned that rapid growth in artificial intelligence (AI)-related investments, increasing financial interconnectedness and sophisticated cyber threats could create new vulnerabilities for Japan’s banking sector and the broader financial system. The central bank has emphasised Read More …

French Banks Face Strengthened Expectations on Climate and Nature Risks

Climate change and nature degradation are exposing banks to new financial risks, prompting French and European authorities to strengthen expectations around climate and environmental risk management. According to a new Banque de France publication, three key measures have driven changes Read More …

Frontier AI Creates New Cyber Risk for Europe

The emergence of frontier AI models in April 2026 has changed the cyber-risk landscape, according to a new CEPR VoxEU analysis by Eric Törnqvist and Jerzy Kopiński. The authors argue that advanced AI systems can autonomously execute cyber operations and Read More …

RBI Tightens Market Risk Capital

The Reserve Bank of India (RBI) has issued directions setting out minimum capital requirements for market risk for commercial banks under the Basel III framework. The objective is to ensure that banks maintain sufficient capital to absorb potential losses arising Read More …

HDFC Bank Faces Leadership Transition Risk

The upcoming retirement of HDFC Bank CEO Sashidhar Jagdishan has raised concerns around leadership transition risk, with rating agency Moody’s highlighting the importance of a smooth succession process for maintaining strategic continuity and stakeholder confidence. Leadership transitions in large financial Read More …

Central Banks Face Emerging Systemic Risks from Artificial Intelligence

Central banks worldwide are increasingly focusing on the potential systemic risks created by the rapid adoption of artificial intelligence (AI) across financial markets and institutions. While AI offers significant opportunities to improve efficiency, risk analysis and financial services, its widespread Read More …

RBI Deregisters 135 NBFCs and Introduces Registration Exemption

RBI Deregisters 135 NBFCs and Introduces Registration Exemption

The Reserve Bank of India has taken decisive action by deregistering 135 Non-Banking Financial Companies (NBFCs) that failed to meet regulatory and operational requirements. This move reflects RBI’s continuing focus on financial stability, governance discipline, and systemic risk mitigation. Simultaneously, Read More …