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Indian central bank sets up panel on quantum technology for financial sector
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Indian central bank sets up panel on quantum technology for financial sector

Yahoo Finance · May 26, 2026, 11:57 AM · Also reported by 3 other sources

Key takeaways

  • Indian central bank sets up panel on quantum technology for financial sector.
  • The group will be led by Anil Prabhakar, professor in the Department of Electrical Engineering at IIT Madras.
  • Secretarial assistance to the committee will be handled by the RBI’s FinTech Department at its Central Office.

Indian central bank sets up panel on quantum technology for financial sector. The panel is required to submit its report within six months of its first meeting. Credit: Summit Art Creations/ Shutterstock.com. · Retail Banker International · Summit Art Creations/ Shutterstock.com. Vidhya Edwards Munnangi Tue, May 26, 2026 at 6:57 PM GMT+7 2 min read The Reserve Bank of India has constituted an eight-member committee to examine questions linked to quantum technology and draw up a roadmap and framework aimed at making India’s financial system quantum-secure.

The group will be led by Anil Prabhakar, professor in the Department of Electrical Engineering at IIT Madras.

Secretarial assistance to the committee will be handled by the RBI’s FinTech Department at its Central Office.

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