RBI Governor Warns: Future Financial Crisis Could Stem from Cyberattack or Geopolitical Conflict

The upcoming financial crisis might not originate within traditional banks, India's central bank governor, Sanjay Malhotra, cautioned. Speaking at the Kautilya Economic Conclave in New Delhi, Malhotra highlighted that such a crisis could be triggered by geopolitical tensions, cyberattacks, or technological failures. His warning underscores the evolving risks in the financial system that extend beyond conventional banking threats.