State Bank of India chairman CS Setty says AI is set to revolutionize financial market infrastructure. He expects major changes in how risk is handled, with clearing organizations like Clearing Corp of India moving from post-trade processing to earlier, pre-emptive risk management. As systems digitize and scale, Setty stresses that cybersecurity and operational resilience must remain central.
Europe’s top securities regulator says cyber threats are rising sharply as AI capabilities advance, creating faster and harder-to-stop risks for financial markets. The watchdog is urging stronger defenses and deeper oversight of critical technology providers, while closely tracking high valuations and potential sell-offs. It also flags mounting challenges in regulating crypto activity and calls for more centralized EU supervision.
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RBI’s latest bulletin flags that the West Asia conflict could ripple into India through disrupted trade and supply chains. It warns of higher energy and input costs, increasing inflation risks, and potential spillovers into financial markets. Despite the uncertainty, the RBI expects India’s strong fundamentals to help cushion the economy against these external shocks.
SBI Chairman highlights that financial markets will move beyond mere growth toward “intelligent scale,” powered by AI for smarter risk management and operational efficiency. He also points to deeper global integration and the rise of digital assets. In parallel, the Reserve Bank of India has eased offshore non-deliverable forward trading restrictions, aiming to bolster rupee internationalization as volatility steadies.
RBI Governor Shaktikanta Das says the global economy is entering a fresh storm, with financial markets across countries thrown into turmoil. He notes stress is showing up across equity, bond and currency segments. Despite the global volatility, Das adds that economic activity in India remains stable, offering some cushion for the domestic outlook.
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