In a move highlighting the rapid evolution of India’s financial and digital landscape, the Reserve Bank of India (RBI) has announced a major lateral hiring initiative for 2026, inviting private-sector and specialist professionals into the central bank. This marks a strategic rethink in how India’s apex monetary authority prepares itself to regulate an economy increasingly driven by technology, data, cybersecurity challenges and cross-border capital movements.
The RBI has notified 93 contractual roles spanning supervision, information technology and infrastructure management. It is one of the most ambitious lateral recruitment efforts undertaken by the central bank in recent years, aimed at embedding specialised expertise directly within its core regulatory and operational functions.
A Central Bank Adapting to New Realities
Traditionally, the RBI has relied on a cadre-based structure, with talent largely sourced through internal promotions and competitive examinations. However, as the financial system becomes more digital, interconnected and complex, this model is being tested. The 2026 recruitment notification issued by the Reserve Bank of India Services Board reflects a growing recognition that modern regulation requires skills that conventional bureaucratic pathways may struggle to supply.
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