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

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.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/p6sgWX4
via IFTTT
at
Labels: , , , ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

India extends coal import mandate for power to avoid blackouts

India extended a mandate to power plants to import coal until March as the driest August in more than a century pushed electricity demand to...