Markets◆ Mixed
‘Next financial crisis may not start in a bank’: Sanjay Malhotra flags new systemic risks amid global shocks
RBI moved higher.
· Business Today Mkts
Sanjay Malhotra warned that the next financial crisis may not originate in the banking system, as geopolitical events, cyberattacks and technological failures increasingly threaten financial stability. The RBI Governor said growing global interconnectedness requires stronger system-wide resilience and better risk monitoring.
Why it matters
- With RBI involved, this carries a regulatory dimension that can outlast the immediate market reaction.