<h1>RBI Governor Highlights Tech's Transformative Impact on Banking, Calls for Proactive Regulation and Strong Governance at BFSI Summit.</h1> The address by the Governor of the Reserve Bank of India at the Financial Express Modern BFSI Summit highlighted the transformative impact of technology on the financial sector. Key points included the shift from traditional to digital banking, driven by IT innovations and fintech advancements, enhancing financial inclusion and service delivery. The Governor emphasized the need for a proactive regulatory approach to support innovation while mitigating risks like cybersecurity and data privacy. He also noted the challenges posed by BigTech in financial services and stressed the importance of robust governance, risk management, and customer service standards to ensure stability and trust in the financial system.