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News
Indian banks bet on AI but hold back on scale amid deployment concerns
19+ hour, 10+ min ago (135+ words) When it comes to end-to-end operational workflows or high-consequence decision-making, deployment drops off sharply Artificial intelligence (AI) has crossed the threshold from experimentation to daily operations in Indian banking As many as seven out of 10 chief data officers (CDOs) report…...
Fintechs should treat customer data as fiduciary responsibility: RBI Guv
4+ day, 7+ hour ago (504+ words) RBI Guv asks fintechs to treat customer data as fiduciary responsibility Business Standard...
RBI Guv asks fintechs to treat customer data as fiduciary responsibility
3+ day, 20+ hour ago (642+ words) Business Standard...
Sebi launches Demat 2.0 pilot for tokenised corporate bonds using DLT
3+ day, 21+ hour ago (305+ words) Three companies have issued tokenised bonds worth Rs 1,025 crore so far; the pilot will test issuance, holding, trading and settlement using distributed ledger technology The Securities and Exchange Board of India (Sebi) on Thursday launched Demat 2.0, a pilot project for…...
India needs tokenisation infra for population-scale transactions: Nilekani
3+ day, 22+ hour ago (426+ words) Nandan Nilekani says tokenisation infrastructure needs interoperability, liquidity and capacity to handle high volumes across multiple assets and use cases...
Fintech should treat data as a fiduciary responsibility: RBI Governor
4+ day, 15+ min ago (150+ words) Business Standard Reserve Bank of India (RBI) Governor Sanjay Malhotra on Thursday said fintech companies should treat customer data as a fiduciary responsibility rather than a business asset as he stressed on the need for responsible data handling in the…...
Policy must balance innovation with accountability, resilience: RBI Dy Guv
4+ day, 21+ hour ago (487+ words) RBI Deputy Governor Rohit Jain Policy should provide room for innovation to grow while ensuring that accountability and resilience grow alongside it, RBI Deputy Governor Rohit Jain said on Wednesday. The objective of policy, therefore, is to create the conditions…...
India eyes AI for next finance leap after digital payments revolution
6+ day, 2+ hour ago (265+ words) Business Standard By Siddhi Nayak and Sidhartha Shukla India spent the past decade transforming how money moves, with its home-grown real-time payments system changing the way millions of people pay Now, it is preparing for a bigger leap as artificial…...
Sebi to introduce IT Resilience Index for market infra institutions | Markets News
2+ week, 6+ day ago (553+ words) Markets regulator Sebi on Monday decided to introduce an IT Resilience Index (ITRI) to assess the functioning and resilience of information technology systems of market infrastructure institutions (MIIs), including stock exchanges, depositories and clearing corporations. The move is aimed at…...
India plans first tokenised corporate bond issue using blockchain in Sept | Capital Market News
3+ week, 55+ min ago (383+ words) India will launch tokenised corporate bonds next month, as it tests the use of blockchain technology to enable instant settlement of bond transactions, three sources with direct knowledge of the matter said on Monday. The notes, to be issued for…...