Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey announced the development of an action plan aimed at transitioning the regulated market ecosystem towards quantum-resilient cryptography. Speaking at the Global Fintech Fest 2025, he emphasized the imminent risks posed by advancements in quantum computing to conventional cryptographic methods and the necessity for phased replacement with post-quantum algorithms. This initiative aligns with a July 2025 whitepaper from MeitY, CERT-In, and cybersecurity firm SISA, which outlines a roadmap for organizations to achieve quantum cyber readiness. The focus on cyber resilience highlights the critical need for collaboration among various stakeholders, making it imperative for India’s financial infrastructure to adapt proactively to emerging technological challenges for enhanced security.