RBI Forms Expert Committee to Study Quantum Risks in Banking
The Reserve Bank of India (RBI) said on May 25 it has formed an expert committee, Q-SAFE, to assess opportunities and risks from quantum technology in banking. The panel will deliver a report within six months of its first meeting. It will review cryptography readiness via a Cryptography Bill of Materials, evaluate regulatory adequacy, and propose a roadmap for quantum-secure financial systems.