Central bank digital currencies: Balancing security and economic stability in the next financial revolution
With the right strategy, CBDCs could act as a catalyst for economic growth, improving efficiency and accessibility in the financial…
Tag: reserve bank of india
Bank smarter, bank safer: RBI rolls out 2 internet zones for secure transactions
RBI and the Ministry of Finance are leading the implementation process, with banks expected to gradually adopt the new zone…
Financial entities have to educate customers about risks: RBI DG Rajeshwar Rao
RBI Deputy Governor Rajeshwar Rao emphasized the need for financial entities to educate customers on the risks of leveraged products…
Roadmap for future ready banking sector: Risk management standards and competitive strategies
Banks provide an enabling environment to measure, manage, and mitigate various risks; and the interest rates levied by these entities…
What are the new bank cybersecurity measures announced by RBI Governor Sanjay Malhotra?
By implementing stricter authentication standards, exclusive banking domains, and enhanced cybersecurity protocols, the central bank aims to mitigate the risks…
To prevent frauds, international online transactions will soon need additional authentication factor
OTP for international txn: The Reserve Bank of India (RBI) has announced introduction of additional factor of authentication for international…
RBI Governor calls upon banks and NBFCs to mitigate cyber risks
RBI Governor Sanjay Malhotra stressed the need for enhanced cyber security in the financial sector. He urged banks and NBFCs…
Digital payment revolution: CBDC, AI, cybersecurity and other trends redefining the future
The journey is not without its challenges. As we move forward, collaboration among stakeholders—banks, fintech companies, regulators, and consumers—will be…
RBI asks banks to tighten cybersecurity oversight, digital fraud prevention
“While dwelling upon IT risk management and cybersecurity, the Governor urged banks to have an enhanced oversight over third-party service…
Cyber frauds on RBI’s radar: Banks mandated to use TRAI’s MNRL technology by March 31, 2025
RBI acts big on cyber fraud: The RBI has advised all regulated entities like banks, etc to use TRAI’s Mobile…