Webinar – Modernising Banking: RBI’s Push For Digital Compliance

In recent weeks, the country’s leading banks and non-banking financial companies have been under increased scrutiny from the Reserve Bank of India (“RBI”). The RBI has imposed restrictions on leading financial institutions due to information technology-related deficiencies and now, more than ever before, there is a pressing need for banks to strengthen their digital infrastructure, as the RBI’s has reiterated that digital infrastructure and digital security cannot be compromised. Given the surge of regulatory actions, banks must take proactive measures to stay on the right side of the law while mitigating risks and ensuring continuity of banking services.

Our experts, Mathew Chacko, Soumitra Ponkshe, and Ruchika Jha discussed how to navigate these challenges by exploring industry developments and current technology trends in banking operations.

The webinar touched upon multiple aspects of these trends, including:

  • Insights into the recent scrutiny by the RBI and what it means for the financial sector at large.
  • Case studies shedding light on how to combat compliance issues for banks.
  • Technology architecture of banks: information technology (“IT”) security, business continuity planning, access controls, risk assessment, and more.
  • Building a robust infrastructure through contractual arrangements.
  • Insights into emerging technology trends such as cloud computing and artificial intelligence.

You can check out the discussion on the link below.