Just Submitted My Inputs to RBI on Fraud Risk Management Draft Directions
Published on 02 May, 2026 There are some days where you quietly press “submit”… and then step back. Today was one such day. I have shared my inputs (11:41am) with the Reserve Bank of India on the Draft Directions for Commercial Banks – Fraud Risk Management, 2026. For those who want to explore the draft directly, it is available here: https://www.rbi.org.in/Scripts/BS_ViewContent.aspx?Id=XXXX The consultation window remains open until May 08, 2026, and inputs can be shared via: https://rbi.org.in/Scripts/Connect2Regulate.aspx So, I will hold back on detailed reflections for now. But there are a couple of areas in the draft that stood out immediately—areas that, in my view, signal where the system is heading. 🔷 Who Can Contribute to This Consultation One of the interesting aspects of this consultation is that it is not restricted to banks alone. Inputs can meaningfully come from a wide range of stakeholders, including: Finance professionals working in bank...