MUMBAI, June 24 (Reuters) – RBI has proposed rules requiring banks to strengthen oversight of risks tied to AI and machine-learning models, mandating board-approved policies, stronger controls and model inventories. The Reserve Bank of India said banks must put in place a
Mumbai, May 27 (PTI) Benchmark indices Sensex and Nifty drifted lower after rising in early trade on Wednesday amid volatile trends in the equity market as investors remained cautious due to geopolitical uncertainties and fresh foreign fund outflows. Fresh US military strikes
Mumbai, May 27 (PTI) The rupee slipped 8 paise to 95.78 against US dollar in early trade on Wednesday on elevated crude oil prices as fresh US strikes dampened optimism for an imminent US-Iran peace deal. Forex traders said escalating US-Iran conflict
New Delhi, May 26 (PTI) Gold prices declined by Rs 2,800 to Rs 1.62 lakh per 10 grams in the national capital on Tuesday as military tensions between Washington and Tehran drove investors towards the US dollar. According to the All India
Mumbai, May 26 (PTI) The rupee depreciated 47 paise to close at 95.73 (provisional) against the US dollar on Tuesday, on renewed geopolitical tensions in West Asia and a rise in crude oil prices. Forex traders said a strong US dollar and
