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Sitharaman urges banks to adapt to challenges, announces reforms committee, and warns of AI cybersecurity threats.
Union Finance Minister Nirmala Sitharaman urged banks to adapt to future challenges and support key economic sectors.
Speaking at the SBI Pune office inauguration, she announced plans to form a committee for banking reforms by 2047.
Sitharaman also highlighted the resilience of Indian exports and warned that while digitization has improved security, advanced AI poses new, complex cybersecurity threats requiring updated defenses.
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Sitharaman insta a los bancos a adaptarse a los desafíos, anuncia el comité de reformas y advierte sobre las amenazas de seguridad cibernética de AI.