Reliance on common tech providers raises contagion risk: RBI deputy guv
2 sources·Updated September 10, 2026
Covered by 2 sources
- Bloomberg Economics·4h agoRBI Sees Common Technology Providers as Financial Stability Risk
The Reserve Bank of India sees the banking sector’s reliance on a small number of common technology providers as a potential risk to financial stability, according to Deputy Governor Rohit Jain.
Read at Bloomberg Economics → - Business Standard·15h agoReliance on common tech providers raises contagion risk: RBI deputy guv
RBI Deputy Governor Rohit Jain cautioned that reliance on a small group of cloud, technology and AI model providers could transmit disruptions across financial institutions
Read at Business Standard →
