The Reserve Bank of India (RBI) has established a new Technical Consultative Committee to address emerging risks and critical policy and operational matters within the financial markets. The committee will advise the central bank on these key issues.
Financial markets & emerging risks
Committee Focus
⏳ Time Machine
How today’s news fits into the bigger picture
1991
Narasimham Committee I
The first Narasimham Committee was established, recommending crucial reforms for India's banking sector, focusing on financial liberalization and structural adjustments.
1998
Narasimham Committee II
A second Narasimham Committee was formed to review the progress of financial sector reforms and recommend further measures, including strengthening banking regulations and capital adequacy.
October 2026
MHA Warns of AI Cyberattacks
The Ministry of Home Affairs' Indian Cybercrime Coordination Centre (I4C) warned banks and fintech firms about the increasing threat of AI-powered cyberattacks, highlighting the urgency for robust strategies.
Yesterday
RBI Forms Panel on Emerging Risks
The RBI announced plans to form a panel for consultation on financial markets and emerging risks, a precursor to today's formal committee announcement.
Today
The Reserve Bank of India (RBI) established a new Technical Consultative Committee.
What happens next?
The committee will begin deliberations soon, providing advice that could shape future RBI policies and regulatory frameworks.
The Reserve Bank of India (RBI) has announced the formation of a Technical Consultative Committee, a new body tasked with advising the central bank on crucial policy and operational matters pertaining to financial markets. This committee will also focus on identifying and mitigating emerging risks in the financial system. Comprising senior officials from various RBI departments and external market participants, the panel aims to enhance the central bank's agility and effectiveness in responding to dynamic market conditions. This move underscores the RBI's proactive approach to financial stability and regulation in an increasingly complex economic landscape.
💭 If you're wondering…
The RBI typically focuses on risks such as cyber security threats, volatile global capital flows, credit market instability, operational risks from new technologies, and potential systemic contagion effects within the financial system.
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Official sources
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