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Reserve Bank of India

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...
RBI grants credit lines through UPI to small finance banks
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12 December, 2024

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
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6 December, 2024

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
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4 December, 2024

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...
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