it-wing

Reserve Bank plans IT wing to tackle ISIS

The Reserve Bank is planning to install an information technology wing to face rising security challenges coming from the cyber world. “We’ve to worry about increasing issues... about cyber security, we’ve to worry about cyber supervision and with that in mind, the board suggested that we focus on an IT subsidiary which would help us develop policies as well as capabilities in the areas of IT,” RBI Governor Raghuram Rajan said.