Reserve Bank of India Deputy Governor Rohit Jain said banks can no longer treat technology as a back-office enabler, arguing that it has become the core of their risk architecture. He urged lenders to elevate technology risk to a first-order enterprise concern, with tighter governance, stronger cybersecurity, deeper third-party oversight and disciplined controls around artificial intelligence.
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"RBI’s Rohit Jain Says Banks’ Biggest Risks Now Sit Inside Their Tech Stack"
Reserve Bank of India Deputy Governor Rohit Jain said banks can no longer treat technology as a back-office enabler, arguing that it has become the core of their risk architecture. He urged lenders to elevate technology risk to a first-order enterprise concern, with tighter governance, stronger cybersecurity, deeper third-party oversight and disciplined controls around artificial intelligence.
RBI’s Rohit Jain Says Banks’ Biggest Risks Now Sit Inside Their Tech Stack
R
RDU Global Wire
BFSI & Fintech Desk
New Delhi, India Just now (04:43 AM IST)•6 min read
Reserve Bank of India Deputy Governor Rohit Jain said banks can no longer treat technology as a back-office enabler, arguing that it has become the core of their risk architecture. He urged lenders to elevate technology risk to a first-order enterprise concern, with tighter governance, stronger cybersecurity, deeper third-party oversight and disciplined controls around artificial intelligence.
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