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Reserve Bank of India
RBI sets up expert committee for ethical AI framework
As artificial intelligence gains a foothold in India, the central bank focuses its efforts on crafting an adaptable and ethical...
RBI grants credit lines through UPI to small finance banks
The RBI has allowed small finance banks to extend pre-sanctioned credit lines through the UPI to extend "financial inclusion" and...
RBI urges small businesses to adopt UPI, digital payments
The Reserve Bank of India has suggested adopting digital payment systems like the Unified Payments Interface and online banking to...
RBI: Blockchain, tokenized assets push lawmakers to stay alert
RBI's M. Rajeshwar Rao said that the new processes backed by AI, blockchain, and tokenized assets have pushed policymakers to...
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...
India discussing Unified Payments Interface expansion: RBI
Introduced in 2016, UPI has emerged as the most preferred method of retail payments in India, with a 79.6% share...
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