RBI Governor urges banks to enhance governance, risk management, and cybersecurity to combat digital fraud.

RBI Governor Shaktikanta Das urged banks to strengthen governance, risk management, and compliance culture, emphasizing robust cybersecurity, effective third-party risk management, and combating 'mule accounts' to mitigate digital fraud. Discussions also included credit and deposit growth, liquidity risk management, unsecured retail lending trends, and increasing Indian Rupee usage in cross-border transactions.