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Reserve Bank of India

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...
India discussing Unified Payments Interface expansion: RBI
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25 November, 2024

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...
RBI: Digital products make financial sector more complex
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22 November, 2024

RBI: Digital products make financial sector more complex

While the RBI is committed to improving the digitalization of banking services, it has also been busy addressing growing cybersecurity...
Will Trump’s ‘America First’ policies overlook ally India?
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19 November, 2024

Will Trump’s ‘America First’ policies overlook ally India?

Trump's presidency brings optimism in India, but some experts voice concerns over the possibility of the United States limiting international...
India eyes more CBDC use cases; no target date for rollout
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14 November, 2024

India eyes more CBDC use cases; no target date for rollout

India continues to explore new use cases for its digital rupee, with RBI Governor Shaktikanta Das saying there is no...
India’s public sector banks accelerate AI adoption: RBI
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8 November, 2024

India’s public sector banks accelerate AI adoption: RBI

Reserve Bank of India’s report showed "enthusiasm" towards artificial intelligence and acknowledged an increased mention of AI-related technologies in the...
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