Archive · 30 Sep 2025
RBI Deputy Governor Urges PSBs to Protect Capital and Assets
A top official at India's central bank wants public banks to keep their money safe and use shared technology to save money and improve services.
He wants them to plan ahead and watch out for problems.
The banks can use a digital copy to try out new ideas before using them in the real world, improving efficiency.
He also pointed out five key pillars for the banks: strong management, financial stability, innovation, good employees, and happy customers.
He emphasized the importance of cybersecurity.
RBI Deputy Governor Swaminathan J spoke at PSB Manthan 2025.
He urged public sector banks (PSBs) to protect their capital strength.
He suggested PSBs use shared technology platforms and develop digital infrastructure.
He emphasized the importance of early warning systems and predictive analytics.
Cybersecurity, vendor oversight and business continuity must be integrated into digital initiatives.
- Who
- RBI Deputy Governor Swaminathan J
- What
- Urged public sector banks to protect capital and asset quality, use shared technology and enhance cyber security.
- When
- September 12
- Where
- PSB Manthan 2025
- Why
- To leverage economies of scale, reduce costs, and ensure financial resilience.
- Official
- RBI Deputy Governor Swaminathan J
- Event
- PSB Manthan 2025
- Date of Speech
- September 12
- Key Topics
- Capital strength, shared technology, cybersecurity
- Pillars Highlighted
- Governance, Resilience, Innovation, People, Customer Focus