Reserve Bank of India

India leads AI adoption in 2024 despite concerns
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26 December, 2024

India leads AI adoption in 2024 despite concerns

India wholeheartedly embraced AI adoption in 2024 following PM Narendra Modi's statement that AI could transform the nation in sectors...
India makes strides in CBDC use cases in 2024
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25 December, 2024

India makes strides in CBDC use cases in 2024

While India has set no target date for a CBDC rollout, throughout 2024, the country explored its digital rupee extensively,...
India’s UPI sees phenomenal growth as digital payments soar
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24 December, 2024

India’s UPI sees phenomenal growth as digital payments soar

India's digital payments ecosystem flourished in 2024 with the growing popularity of UPI in daily transactions not just within the...
RBI sees CBDC as future of money; eyes nationwide rollout of ULI
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19 December, 2024

RBI sees CBDC as future of money; eyes nationwide rollout of ULI

RBI's outgoing governor, Shaktikanta Das, sees that CBDC will likely become the future of money, while his successor looks at...
RBI rolls out AI-based model to tackle digital frauds
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16 December, 2024

RBI rolls out AI-based model to tackle digital frauds

The MuleHunter.AI model is expected to help banks deal with the issue of mule bank accounts, a typical tactic fraudsters...
RBI sets up expert committee for ethical AI framework
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13 December, 2024

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...
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