Mumbai, Jan. 12 -- Reserve Bank of India (RBI) Governor Sanjay Malhotra has stated that while digitalisation has significantly enhanced efficiency, access and innovation in financial services, it has also altered the nature, speed and transmission of risks. He emphasised that regulation and supervision must be adaptive, vigilant, ecosystem-aware and outcome-oriented. The Governor underscored the need to improve the quality, availability and use of data, and to leverage technology for better supervisory analytics to strengthen oversight. He also stressed that digitalisation and innovation must remain aligned with the objective of ensuring fairness and preserving customer trust. He also underscored the need to intensify engagement and capac...