Former RBI governor Raghuram Rajan also described another possibility where multiple AI systems compete in the market.

As India drives towards becoming a developed economy, the financial sector will have to go at a faster clip than the real economy for meaningful financial inclusion, he said.

RBI Governor Sanjay Malhotra urges stakeholders to strengthen public trust in digital payments and launches awareness pilot ...

RBI launches "Awareness Program on Digital Payments" to promote safe digital transactions in rural and semi-urban areas of Maharashtra.

Kolkata, Mar 17 (PTI) The Bharat Chamber of Commerce (BCC) wrote to RBI Governor Sanjay Malhotra, urging supportive banking measures for exporters reeling under disruptions in global logistics and ...

The Central Board of Directors of the Reserve Bank of India (RBI) approved the Bank's budget for the accounting year 2026-27 and also the Bank's Medium Term Strategy Framework (Utkarsh 3.0) for the ...

India's foreign exchange reserves must scale up to at least $1 trillion to give the central bank adequate firepower for market interventions, a former ...

With 99% of Indian firms now classified as MSMEs, industry body says the Rs 20 lakh indirect finance ceiling is insufficient ...

India’s forex reserves, excluding gold, are now just enough to cover for 8.7 months of imports, the lowest in three years, according to Bloomberg data.| Business News ...