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RBI banking on AI, ML for supervisory role
Apex bank picks McKinsey, Accenture to analyse its huge database and improve regulatory supervision over banks and NBFCs
14% rise in Rs. 500 fake notes
The number of counterfeit currency notes of Rs500 denomination detected by the banking system, rose by 14.6 per cent to 91,110 pieces in 2022-23
Currency in circulation grows
Value rises 7.8%, Volume grows 4.4% in FY22 as against 9.9% and 5% respectively in previous fiscal
Structural reforms key to sustain growth: RBI
India’s growth momentum likely to continue in 2023-24, but there are downside risks as well, RBI says in its annual report, Flags slowing global...
Ukraine war led to inflation in FY23: RBI
Common shocks emanating from the ongoing war in Ukraine - high food, energy and other commodity prices - as well as globalisation of inflation to...
Govt deficit, debt moderated in FY23
The general government deficit and debt moderated to 9.4 per cent and 86.5 per cent of GDP
Introduction, withdrawal of Rs. 2k note cast doubt on India’s
The key economic indicators are pointing downward and there is low confidence that the economy will reach the high growth path, says Congress leader P...
Finance Minister hits back at Chidambaram
Union Finance Minister Nirmala Sitharaman on Monday criticised Congress leader P Chidambaram over his comments on the withdrawal of Rs 2,000 currency...