# RBI Governor Warns on Financial Resilience

> RBI governor says today's financial strength doesn't guarantee tomorrow's immunity amid rising global risks.
- Title: RBI Governor Warns on Financial Resilience · Financialexpress
- Summary: RBI governor says today's financial strength doesn't guarantee tomorrow's immunity amid rising global risks. RBI governor warns that current financial…
- Keywords: rbi, sanjay malhotra, financial system, geopolitical risks, ai valuations, cyber threats, global debt, banking stability, business, money, news, Governor
- Source: Financialexpress — https://financialexpress.com/business/banking-finance/todays-strength-not-tomorrows-immunity-rbi-governor/4352993
- Author: FE Bureau
- Published: 2026-10-03T13:59:12+00:00
- Read time: 1 min
- Topics: rbi, sanjay malhotra, financial system, geopolitical risks, ai valuations, cyber threats, global debt, banking stability, business, money, news
## RBI Governor's Warning
RBI governor Sanjay Malhotra cautioned against complacency over the strength of the Indian financial system.

> today's resilience may not necessarily imply tomorrow's immunity
## Five Key Financial Risks
Malhotra identified five major global financial stability risks: elevated global debt, stretched ai valuations, high leverage, private credit, and cyber risks.
## AI and Cyber Threats
Cyber risk was the most immediate concern as ai tools with greater autonomy heighten model risks and third-party dependence.
## Financial System Resilience
Banks' common equity tier-1 ratios remain comfortable while nbfc capital adequacy exceeds 25% against 15% regulatory requirement.
## Five Policy Priorities
Policymakers must build resilience, prepare for cross-border risks, improve monitoring frameworks, extend resilience beyond banks, and strengthen trust through innovation.
## Global Implications
Hardening global bond yields reflect increased government spending and ai-led investment amid scarce money, affecting interest rates in india.
## Key takeaway

RBI governor warns that current financial resilience may not protect against future risks from AI, cyber threats, and global debt.