AI‑Driven Supplier Risk Management: Banking Sector In India

In India's fast-evolving banking ecosystem, supplier management has grown far beyond compliance checklists and documentation. Today, it touches every aspect of operational stability and customer confidence. From cloud providers and IT vendors to specialized service partners, every external relationship plays a role in maintaining business continuity, cybersecurity, and trust.

With the introduction of the RBI's IT Outsourcing Guidelines, the Digital Personal Data Protection (DPDP) Act, and the rising frequency of cyber threats, banks are now realizing that supplier oversight cannot remain a once-a-year audit exercise. It must be continuous, intelligent, and proactive. This shift has brought AI-driven supplier risk management to the center of modern procurement and governance strategy.