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 12 (PTI) Equity benchmark indices ended lower for the fourth consecutive session on Tuesday, with the Sensex and Nifty tumbling nearly 2 per cent, as elevated crude oil prices and uncertainty surrounding the West Asia conflict clouded markets’ confidence. Unabated
Mumbai, May 12 (PTI) The rupee depreciated 35 paise to close at an all-time low of 95.63 (provisional) against the US dollar on Tuesday, as renewed tension between the US and Iran has led to risk aversion in global markets. Forex traders
Mumbai, May 12 (PTI) Equity benchmark indices tumbled in early trade on Tuesday amid rising crude oil prices as uncertainty surrounding the West Asia conflict clouded markets’ confidence. Unabated foreign fund outflows also dragged the markets lower. The 30-share BSE Sensex fell
Mumbai, May 12 (PTI) The rupee depreciated 35 paise to a record low of 95.63 against the US dollar in early trade on Tuesday, after US President Donald Trump said that the ceasefire with Iran was on life support with hopes for
