The RBI is looking to extensively use advanced analytics, artificial intelligence and machine learning to analyse its huge database and improve regulatory supervision over banks and NBFCs. For this purpose, the central bank plans to hire external experts.source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-shortlists-7-global-consultancy-firms-to-use-ai-ml-to-improve-regulatory-supervision/articleshow/96159388.cms
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