
Reserve Bank of India
RBI backs AI use for customer grievance resolution
The newly appointed RBI chief cautioned that as the Indian banking sector adopts AI, financial institutions must still prioritize ethical...
RBI selected for digital transformation award by Central Banking
The RBI has gained international praise from Central Banking for its digital transformation of digital initiatives: “Pravaah” and “Sarthi” systems.
RBI sets sights on UPI expansion, payment linkages
With the growing popularity of UPI in and outside of India, the RBI is exploring linking other systems to enhance...
AI, blockchain, analytics transforming finance, banking in India
The use of AI by banks in India ranges across credit underwriting, regulatory capital planning, liquidity management, and fraud detection,...
RBI tests ‘On Tap’ app in sandbox for retail payments
RBI's On Tap application enables firms to test payment solutions in a controlled environment using DLT and biometrics, without a...
Fintechs introduce CBDC with Reserve Bank of India
Fintech platforms like MobiKwik, Yes Bank, and Cred are introducing India's CBDC in collaboration with the Reserve Bank of India.
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