He stressed that if these lenders don’t diversify funding, tighten underwriting, and seriously invest in cybersecurity, they’re sitting on a ticking time bomb. Why? Because past liquidity shocks proved how fragile they can be when market sentiment flips. Murmu’s message is clear: Don’t wait for a crisis to fix what’s broken. Build deeper bond markets. Use securitisation properly; not just to get cash, but to shift real risk. And most importantly? Protect customer data like your license depends on it; because it does. For job aspirants eyeing roles in finance or RBI-linked exams, this is critical insight. Governance, risk, and tech aren’t just buzzwords; they’re now survival skills. The next big exam question might be hiding in today’s warning.