In its bi-annual Financial Stability Report, the RBI flagged concerns over customer service in the insurance sector and again cautioned that rising interconnectedness among financial institutions could act as a potential channel for contagion. The report noted that cybersecurity risks have emerged as a key financial stability concern.

The Reserve Bank of India has identified growing concerns within the booming private credit market. The central bank's latest report highlights an uptick in defaults and investor…

In its bi-annual Financial Stability Report, the RBI flagged concerns over customer service in the insurance sector and again cautioned that rising interconnectedness among…