RBI Governor Das for reskilling, upskilling amid digitalisation push

Digitisation is revolutionising traditional finance and improving access to affordable services, yet it also poses human-resource challenges that necessitate strategic skilling and reskilling, said Reserve Bank of India Governor Shaktikanta Das in the 2023-24 Currency and Finance Report.

“…digitalisation presents challenges related to cybersecurity, data privacy, data bias, vendor and third-party risks, and customer protection. Increased inter-connectedness may lead to systemic risks.