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Michael Debabrata Patra

RBI says generative AI may contribute up to $438B to GDP
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26 November, 2024

RBI says generative AI may contribute up to $438B to GDP

The RBI claims generative AI will supply $359-438 billion to India's GDP by 2029-30, while firms' AI integration into production...
Tokenized deposits gaining traction in India, central bank says
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21 August, 2024

Tokenized deposits gaining traction in India, central bank says

Michael Debabrata Patra, deputy governor of the RBI, believes that tokenized deposits have various use cases in cross-border and domestic...
Replacement of bank deposits by CBDC an area of key interest for deposit insurers: RBI
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19 August, 2024

Replacement of bank deposits by CBDC an area of key interest for deposit insurers: RBI

At a recent International Association of Deposit Insurers event, Michael Debabrata Patra, deputy governor of RBI, said that CBDC will...
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