India’s rural banks have a problem hiding in plain sight
“In addition, 19 of these RRBs don’t have a business process management solution. Only eight RRBs have data warehouses, and none have fully digital regulatory reporting. Fraud risk management systems are present in only 11 RRBs, with 12 of them not having a security operations centre (SOC) and 12 RRBs not having a network operations centre (NOC),” said one of the two government officials cited above on the condition of anonymity.
