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RBI flags tech concentration risks, warns of disruptions
MUMBAI: RBI deputy governor Rohit Jain flagged concentration risk among banks as most of them become dependent on a few cloud, technology and model providers, warning that a common technology dependency could allow a disruption at one provider to spread across multiple financial institutions.
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economictimes.indiatimes.com
GFF 2026: RBI flags speed, concentration, opacity as key risks as AI use grows in finance
Reserve Bank of India Deputy Governor Rohit Jain addressed emerging technology risks. He noted speed, concentration, and opacity as key concerns for financial systems. Automated…
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thehindubusinessline.com
Speed, concentration, opacity remain concerns as emerging technologies get deeply embedded in finance: RBI Dy Guv Rohit Jain
