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RBI Governor urges banks to adopt AI for reducing risk of fraud

Posted by Able on June 20, 2024

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On Thursday, RBI Governor Shaktikanta Das emphasized the significance for banks and NBFCs to integrate cutting-edge technologies like artificial intelligence (AI) and machine learning (ML) to combat financial fraud.

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RBI Governor urges banks to adopt AI for reducing risk of fraud ﻿

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RBI Governor urges banks to adopt AI for reducing risk of fraud