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RBI plans to extensively use artificial intelligence, machine learning to improve regulatory supervision

The Reserve Bank is planning to extensively use advanced analytics, artificial intelligence and machine learning to analyse its huge database and improve regulatory...

Banks to seek change in definition of ‘fraud’

All high-street banks will jointly move the Reserve Bank of India (RBI) to urge a change in the sweeping definition of 'fraud' which...

yuan: China lowers banks’ FX reserve ratio to counter falling yuan

Beijing: China moved to limit the drop in the yuan by cutting the amount of money that banks need to have in reserve...

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