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    <title>Issues and Challenges in Banking Supervision in the Digital Era - Speech by Shri Swaminathan J, Deputy Governor, Reserve Bank of India, on Friday, January 9, 2026, at the Third Annual Global Conference of the College of Supervisors, RBI, Mumbai</title>
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    <description>Digital banking shifts supervisory focus to operational resilience, data integrity, ecosystem concentration, cyber risk and algorithmic governance. Supervision must be technology-neutral, risk-based, proportional and forward-looking, with the supervised entity remaining accountable for outsourced activities. Core supervisory focus areas are operational resilience and cyber readiness; third-party and ecosystem dependency mapping; governance of data, models and AI (explainability and fairness); and technology-enabled continuous supervision supported by SupTech and improved data governance.</description>
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