The Economic Times

Next financial crisis may stem from cyberattack or geopolitical shock, RBI governor says

RBI Governor Sanjay Malhotra said the next financial crisis may be triggered by geopolitical shocks, cyberattacks or technology failures rather than the banking system itself, calling for stronger resilience across markets, payments, non-banks and critical infrastructure. He said Indias financial system remains strong, but warned that todays resilience does not guarantee immunity from future shocks.