RBI Governor

Reserve Bank of India Governor Sanjay Malhotra has cautioned that the current strength of India's financial system does not guarantee tomorrow's security, speaking amid ongoing debate over financial crisis risks. In remarks reported by Navbharat Times, Malhotra stressed the need for continued vigilance in banking and financial oversight, signalling that stability today must not lead to complacency among regulators, banks or investors.

Reserve Bank of India Governor Sanjay Malhotra moved to calm investors, saying there is nothing to worry about in India's equity market correction, which he described as orderly. He added that a correction in AI-related valuations overseas would ultimately deliver positive returns to the Indian market.

The Governor of the Reserve Bank of India has cautioned that the world's next financial crisis may not come from bad loans or market shocks, but from a major cyberattack on financial infrastructure. The warning highlights growing concern among central bankers about the vulnerability of digital banking and payment systems to hackers and hostile actors.