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Sunday, August 13, 2023

RBI selects McKinsey, Accenture to use AI, ML to improve regulatory supervision

RBI has hired consultants McKinsey and Accenture to develop artificial intelligence (AI) and machine learning (ML) systems for its supervisory functions. The institution wants to improve regulatory oversight of banks and non-bank financial companies by analysing data in its database using advanced analytics, AI and ML.

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Report: 93% Indian executives see rise in cyber budget next year

from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Bu...