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RBI says fully prepared for ‘Mythos’ cyber threat; advisories issued to regulated entities

RBI says fully prepared for ‘Mythos’ cyber threat; advisories issued to regulated entities

by AIP Online Bureau | Jun 5, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Technology

“We have issued the required advisories. We remain fully prepared in terms of handling cyber security threats of this nature as well as conventional threats,” RBI Deputy Governor Swaminathan J said Mumbai:The Reserve Bank of India (RBI) on Friday said it...
RBI keeps repo rate unchanged at 5.25%,lowers GDP forecast to 6.6 %, raises inflation to 5.1% for FY27

RBI keeps repo rate unchanged at 5.25%,lowers GDP forecast to 6.6 %, raises inflation to 5.1% for FY27

by AIP Online Bureau | Jun 5, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation

Sanjay Malhotra, Governor,Reserve Bank of India “The central bank’s rate panel noted that the global environment has deteriorated,” RBI Governor Sanjay Malhotra said. ​ The central bank’s rate panel felt it was “prudent” to wait...
RBI proposes allowing lenders to curb usage of phones bought on loans in case of default

RBI proposes allowing lenders to curb usage of phones bought on loans in case of default

by AIP Online Bureau | May 20, 2026 | Banking & Bancassurance, Indian News, Risk Management

RBI’s plans to allow lenders to lock smartphones as a tool to recover loans, and that the move may raise consumer rights and privacy ​concerns. Mumbai:India’s central bank on Wednesday proposed allowing lenders to remotely restrict or disable functions of...
RBI keeps repo rate unchanged at 5.25%,lowers GDP forecast to 6.6 %, raises inflation to 5.1% for FY27

Regulators discuss ways to enhance financial sector resilience amid geopolitical frictions

by AIP Online Bureau | May 15, 2026 | Indian News, Regulation, Risk Management

Sanjay Malhotra,Governor,Reserve Bank of India “The FSDC-SC reaffirmed its commitment to enhancing financial sector resiliencethrough inter-regulatory coordination; and keeping a close watch on emerging challenges, including those from heightened geopolitical...
I4C signs MoU with RBI Innovation Hub to use AI for detecting mule accounts, tackling cyber fraud

I4C signs MoU with RBI Innovation Hub to use AI for detecting mule accounts, tackling cyber fraud

by AIP Online Bureau | May 12, 2026 | Eco/Invest/Demography, Regulation, Risk Management, Technology

Union Home Minister Amit Shah said the agreement is part of the government’s efforts to improve cyber security infrastructure and build stronger safeguards for citizens against online fraud. New Delhi:The Indian Cyber Crime Coordination Centre (I4C) under the...
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