Next financial crisis may stem from cyberattack or geopolitical shock, RBI governor says
Reserve Bank of India Governor Sanjay Malhotra warned that the next financial crisis could arise from a cyberattack or geopolitical event, rather than traditional banking failures. He emphasized the need for enhanced systemic resilience against interconnected risks, calling for improved data and scenario analysis. Malhotra noted that corrections in AI valuations abroad could positively impact capital inflows to India.