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IFS Cloud October 2022 release to accelerate business automation and boost companies advanced analytics capabilities

RBI to use AI, ML for better regulatory supervision

RBI is also looking to hire external experts. While the RBI is already using AI and ML in supervisory processes, it now intends to upscale it to ensure that the benefits of advanced analytics can accrue to the Department of Supervision in the central bank.

artificial intelligence (AI) - Reserve Bank of India plans to extensively use artificial intelligence, machine learning to improve regulatory supervision

For this purpose, the central bank is also looking to hire external experts

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