AI promises efficiency and inclusion but needs strong oversight

Artificial intelligence (AI) is transforming industries with unprecedented speed, but it also poses serious risks if...

RBI Dy Governor calls for frequent credit information updates

RBI Deputy Governor M Rajeshwar Rao has called for frequent data updates by Credit Information Companies (CICs),...

RBI Dy Governor stresses need to evolve deposit insurance system

Reserve Bank of India (RBI) Deputy Governor Michael Patra underscored the urgent need for evolving deposit insurance...

India can become world's 2nd largest economy by 2031: RBI DG

India can become the second largest economy by 2031 and the largest economy in the world by 2060, said Michael...

Rajeshwar Rao highlights role of technology and AI in banking

Rao said, "The banks have played an extremely important role in supporting the growth story of the Indian economy....

Measuring exposure at risk key to manage climate events: RBI

Stating that the consequences, intensity, severity, and frequency of climate events were hard to measure and...

Term of RBI Dy Governor Michael Patra extended by a year

As per the RBI statement, Patra has been re-appointed for a further period of one year with effect from January...

Centre re-appoints Mahesh Kumar Jain as RBI Deputy Governor

New Delhi [India], June 9 (ANI): The Centre on Wednesday re-appointed former IDBI Bank managing director (MD) and...

RBI Dy Governor Viral Acharya resigns 6 months before term ends

New Delhi [India], Jun 24 (ANI): Reserve Bank of India (RBI) Deputy Governor Viral Acharya has resigned six...

RBI Dy Governor Viral Acharya pitches for independence of...

Mumbai (Maharashtra) [India], Oct 27 (ANI): Reserve Bank of India (RBI) deputy governor Viral Acharya, while...

Ex-RBI Dy Governor R Gandhi joins Paytm

New Delhi [India], June 20 (ANI): One97 Communications Limited, the company that owns digital payment major, Paytm,...

IDBI Bank MD appointed RBI Dy Governor

New Delhi, [India], June 4 (ANI): The Centre on Monday announced the appointment of IDBI Bank managing director (MD)...