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Tag: MK Jain

Reliance on third-party technology providers requires robust risk management practices by banks: RBI DG Jain

Reliance on third-party technology providers requires robust risk management practices by banks: RBI DG Jain

June 15, 2023June 15, 2023 · Banking

Banks must carefully manage the adoption of new technologies and ensure adequate controls and safeguards to address potential vulnerabilities, according to Reserve Bank of India Deputy Governor MK…

Read more Reliance on third-party technology providers requires robust risk management practices by banks: RBI DG Jain
Banks must scale up investments in technology: RBI Deputy Governor

Banks must scale up investments in technology: RBI Deputy Governor

December 9, 2022December 9, 2022 · Banking

The rapid rise of digital platforms has raised new challenges, including unregulated digital lending apps, cryptocurrencies and cyberattacks, according to MK Jain, Deputy Governor of the Reserve Bank of…

Read more Banks must scale up investments in technology: RBI Deputy Governor
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