Saturday, 17 June, 2023

RBI Urges Banking Supervisors to Embrace Latest Tech Tools for Enhanced Operations

The Reserve Bank of India (RBI) has directed banking supervisors to familiarize themselves with the latest technological tools to bolster their oversight and regulatory functions. With the rapid advancements in the financial industry, the RBI recognizes the importance of adopting cutting-edge technologies to monitor and supervise banking operations effectively. Embracing innovative tools will enable banking supervisors to stay abreast of evolving trends, mitigate risks.