Former RBI governor Raghuram Rajan also described another possibility where multiple AI systems compete in the market.

As India drives towards becoming a developed economy, the financial sector will have to go at a faster clip than the real economy for meaningful financial inclusion, he said.

RBI Governor Sanjay Malhotra urges stakeholders to strengthen public trust in digital payments and launches awareness pilot ...

Swaminathan J, Deputy Governor, Reserve Bank of India, delivered a speech at the Third International Finance and Accounting Conference (IFAC) at the Indian Institute of Management (IIM), Jammu. His ...

With 99% of Indian firms now classified as MSMEs, industry body says the Rs 20 lakh indirect finance ceiling is insufficient ...

India’s forex reserves, excluding gold, are now just enough to cover for 8.7 months of imports, the lowest in three years, according to Bloomberg data.| Business News ...

India's foreign exchange reserves must scale up to at least $1 trillion to give the central bank adequate firepower for market interventions, a former ...

The Reserve Bank of India (RBI) has indicated heightened vigilance over emerging global and domestic risks, even as markets ...