Law Notify, January 13, 2026 : Reserve Bank of India Governor Sanjay Malhotra on Friday said that regulation and supervision in the financial sector must evolve continuously to keep pace with rapid digitalisation. He noted that while technology has improved efficiency, access and innovation in financial services, it has also altered the nature, speed and spread of risks.
According to an RBI press release, the Governor was speaking at the inauguration of the third Annual Global Conference of the College of Supervisors, organised by the Reserve Bank of India in Mumbai.
Addressing regulators and banking supervisors from across jurisdictions, Malhotra stressed that oversight frameworks must be adaptive, vigilant, ecosystem-aware and focused on outcomes rather than processes alone. He underlined the importance of improving the quality, availability and effective use of data, and called for greater adoption of technology-driven supervisory analytics.
He said such measures would help strengthen regulatory oversight while ensuring fairness in the system and maintaining customer trust.
The conference also featured addresses by RBI Deputy Governors Swaminathan J and S C Murmu, along with panel discussions on themes such as technology and trust, international banking regulation, and open banking.
