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RBI Is Using AI For Real-Time Data Analysis, Says Governor Shaktikanta Das
The Reserve Bank has ventured into Artificial Intelligence (AI) and Machine Learning (ML) analytics in multiple areas in order to develop cutting-edge systems for high frequency and real-time data monitoring and analysis, RBI Governor said today.
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RBI Unlikely to Extend Card Tokenisation Deadline Despite Payment Failures, Revenue Losses, Bankers Say
The Reserve Bank of India (RBI) is unlikely to extend the deadline for businesses to use card tokenisation, a layer of security for credit card data, according to bankers and merchants. Smaller merchants have demanded a delayed deadline, but the RBI has not provided any indication that it would extend the compliance date. The central bank first int...
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Air India's Ticketing Migration To Travelport Challenged In High Court
A Public Interest Litigation (PIL) has been filed in Bombay High Court, challenging Air India's move to migrate its complete reservation system data to Travelport platform.
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As RBI Deadline On Financial Data Storage Nears, US Firms Approach Trump
The Reserve Bank of India or RBI, in a circular in April, said all system providers will have to ensure that the entire data relating to payment systems operated by them are stored in a system only in India. It gave time till October 15 to comply with the mandate.
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No Respite For Indian Banks As Bad Loans Hit Record $146 Billion
A review of Reserve Bank of India (RBI) data obtained through right-to-information requests shows banks' total stressed loans - including non-performing and restructured or rolled over loans - rose 4.5 per cent in the six months to end-June.
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Did Demonetisation Help? Digital Payments Back To Pre-Notes Ban Levels
As the opposition scaled up its attacks on the government after the Reserve Bank of India revealed that only 1 per cent of demonetised currency did not return to the system, the government appears to have shifted the goalpost.
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RBI Is Using AI For Real-Time Data Analysis, Says Governor Shaktikanta Das
The Reserve Bank has ventured into Artificial Intelligence (AI) and Machine Learning (ML) analytics in multiple areas in order to develop cutting-edge systems for high frequency and real-time data monitoring and analysis, RBI Governor said today.
-
RBI Unlikely to Extend Card Tokenisation Deadline Despite Payment Failures, Revenue Losses, Bankers Say
The Reserve Bank of India (RBI) is unlikely to extend the deadline for businesses to use card tokenisation, a layer of security for credit card data, according to bankers and merchants. Smaller merchants have demanded a delayed deadline, but the RBI has not provided any indication that it would extend the compliance date. The central bank first int...
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Air India's Ticketing Migration To Travelport Challenged In High Court
A Public Interest Litigation (PIL) has been filed in Bombay High Court, challenging Air India's move to migrate its complete reservation system data to Travelport platform.
-
As RBI Deadline On Financial Data Storage Nears, US Firms Approach Trump
The Reserve Bank of India or RBI, in a circular in April, said all system providers will have to ensure that the entire data relating to payment systems operated by them are stored in a system only in India. It gave time till October 15 to comply with the mandate.
-
No Respite For Indian Banks As Bad Loans Hit Record $146 Billion
A review of Reserve Bank of India (RBI) data obtained through right-to-information requests shows banks' total stressed loans - including non-performing and restructured or rolled over loans - rose 4.5 per cent in the six months to end-June.
-
Did Demonetisation Help? Digital Payments Back To Pre-Notes Ban Levels
As the opposition scaled up its attacks on the government after the Reserve Bank of India revealed that only 1 per cent of demonetised currency did not return to the system, the government appears to have shifted the goalpost.
