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AI IN BANKING
AI asset valuations pose global risk, but cyber threat biggest concern for central banks: RBI GovernorThe Governor made the remarks in response to an question at the post-policy press conference, after the RBI flagged elevated AI-related ass...- IMF chief warns energy shock, growing debt and AI risks threaten global growthIMF chief Kristalina Georgieva warned that high energy prices, record public debt and the AI investment boom are fuelling inflation and thr...
- Agentic AI in financial services: How banks are rethinking lending, risk and decision-makingFrom loan processing and credit assessment to fraud detection and regulatory compliance, agentic AI is changing how financial institutions ...
- Four horsemen of economic trouble? RBI governor flags the risks spooking the worldThe RBI raised the repo rate 25 bps to 5.50%, its first hike in nearly four years, and shifted its stance to calibrated tightening. Governo...
- India among top 10 emerging markets in AI readiness; private AI investment triples: World BankIn its latest report titled 'India and Artificial Intelligence: Seizing the Development Opportunity', the World Bank said private investmen...
- India among top 10 emerging markets in AI readiness; private AI investment triples: World BankIndia ranks among the top 10 emerging markets for AI readiness, supported by its large tech workforce, expanding GCC ecosystem and digital ...
- Gnani AI launches Ascent partner programme to scale sovereign AI across enterprisesGnani AI has introduced the Ascent programme to assist enterprises in scaling sovereign AI across their operations. This initiative connect...
- Norway's biggest bank DNB to lay off around 400 staff amid AI-driven changes"AI is changing the way we work and how we deliver services to our customers", the lender's CEO Kjerstin Braathen said in a statement, addi...
- World Bank raises India FY27 growth forecast to 7.1%, flags oil, El Niño risksThe World Bank has upgraded India's economic growth forecast to 7.1% for fiscal 2026-27. This change reflects strong domestic consumption, ...
- South Korea's Lee says AI appears to have been used in bank hacksSouth Korean President Lee Jae Myung said on Tuesday that AI models are believed to have been used in some recent hacking incidents against...
- IPO-bound Razorpay partners with OpenAI to help Indian brands advertise on ChatGPTUnder the partnership, Razorpay Engage, the company's customer engagement and marketing platform, will help brands prepare product catalogu...
- Anthropic's Claude can now process AI requests locally in India through Amazon BedrockAnthropic has launched its Claude AI models in India for local processing through Amazon Bedrock. This development addresses data residency...
- Global Market: BOJ's Uchida warns AI boom could trigger market correctionShinichi Uchida, the Deputy Governor of the Bank of Japan, underscored the significant influence of artificial intelligence on the financia...
- BOJ says AI boom may have eased financial conditions, warns of market risksBank of Japan Deputy Governor Shinichi Uchida said the global AI boom may have eased financial conditions by stoking demand and boosting as...
- AI compute financing needs bankable contracts, lender exit rules: industryThey highlighted these demands at a closed-door meeting on ‘Financing India’s Frontier & Compute Ecosystem’ convened in Delhi by the IndiaA...
- SoftBank’s Masayoshi Son has rare cautionary note on AI safetyIn a recent statement, Masayoshi Son underscored the critical importance of international unity in managing the safety risks associated wit...
- What is Claude Frontier Academy, and why is Anthropic looking to train 10,000 AI engineers?Anthropic has launched Claude Frontier Academy, a $100 million training program to produce 10,000 Frontier Deployed Engineers by the end of...
- AI tools suspected in Korea’s Shinhan Bank hack, Yonhap SaysAttackers probably used sophisticated AI agents to probe for vulnerabilities and gain unauthorized access to a service used by loan recruit...
- OpenAI sacks 3 researchers over leaking 'sensitive' info, ChatGPT maker alerts over 100 organizations about rogue AI agent activityChatGPT maker has been conducting a broad review of the activities of its AI models after the accidental hacking of Hugging Face. OpenAI is...
- SoftBank completes final phase of $30 billion investment in OpenAISoftBank Group said on Thursday it has completed its $30 billion investment in OpenAI as part of its commitment to the ChatGPT maker's last...
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