Banking & Economics
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RBI Sees Common Technology Providers as Financial Stability Risk
The Reserve Bank of India sees the banking sector’s reliance on a small number of common technology providers as a potential risk to financial stability, according to Deputy Governor Rohit Jain.
Key Highlights
- The Reserve Bank of India sees the banking sector’s reliance on a small number of common technology providers as a potential risk to financial stability, according to Deputy Governor Rohit Jain.
- Desk angle: we track rates, inflation, and bank balance sheets against this headline. Always read the original for filings and quotes.
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Reported by Anup Roy · Syndicated via official news feed
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