MUMBAI, India, Aug. 11 -- Reserve Bank of India issued the following speech:

Distinguished dignitaries, bankers, captains of industry, friends from the technology sector, fintechs, policymakers, press, academia and colleagues from the RBI, good morning to all of you!

It is my pleasure to be back here at the 2026 edition of the FIBAC. It is an important annual conference that brings together the stalwarts of banking and industry to exchange ideas, foster innovation and strengthen collaboration. I congratulate both FICCI and IBA for putting together this event and thank the organisers for giving me the opportunity to share my thoughts today.

The theme of the conference - Artificial Intelligence - has been well chosen. It is apt and timely....