Pressure on the Indian Rupee has once again drawn attention to the intervention capacity of the Reserve Bank of India. With foreign exchange reserves estimated at around $723–725 billion, India holds ...
The RBI is examining proposed models for ‘predictive’ analysis of the markets, particularly the use of AI and machine learning The central bank will leverage AI and ML models to detect early signs of ...
The RBI has invited applications to develop prototypes that predict, detect and prevent financial frauds in real-time using “alternate sources of data including publicly available information” Another ...
MUMBAI: Increased opportunities to hedge foreign exchange risk and longer trading hours are at the heart of a proposed overhaul by RBI to liberalise access to currency markets.The draft framework ...