Banking and Financial Systems — Mains Questions

Analyze the challenges faced by India's banking sector in protecting critical financial infrastructure from cyber threats. Discuss the regulatory framework and suggest measures to enhance cyber resilience.

Evaluate the effectiveness of India's regulatory approach to securing digital payment systems. How can the framework be strengthened to address emerging threats while promoting financial inclusion?

Examine the role of the National Critical Information Infrastructure Protection Centre (NCIIPC) in safeguarding India's banking and financial systems. What are the limitations and how can its effectiveness be enhanced?