Try GOLD - Free
RBI Governor Urges Banks to Adopt AI
Mint New Delhi
|March 18, 2025
The central bank-regulated entities can leverage artificial intelligence internal controls to address consumer complaints on misselling and aggressive practices, the Reserve Bank of India governor Sanjay Malhotra said on Monday.
-
Ninety-five commercial banks in India received over 10 million customer complaints in the 2023-2024 financial year, Malhotra said.
This story is from the March 18, 2025 edition of Mint New Delhi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint New Delhi
Mint New Delhi
PM bats for EVs, WFH, less fuel use as war hurts
Emphasizing that the Centre is trying to shield people from the adverse impact of war, Prime Minister Narendra Modi on Sunday called for measures by citizens to overcome the challenges and to help the country.
1 mins
May 11, 2026
Mint New Delhi
Agri derivatives may get a push from Sebi
Panel backs cash settlements on select items with thresholds
2 mins
May 11, 2026
Mint New Delhi
Jawaharlal Nehru port IPO on cards, govt taps i-banks
The Centre is exploring an initial public offering (IPO) for the country's largest container port, managed by the Jawaharlal Nehru Port Authority (JNPA), and has engaged state-backed investment banks to initiate the regulatory processes for the share sale, two people aware of the matter said.
2 mins
May 11, 2026
Mint New Delhi
Govt gives more time for tech suppliers
India's electronics companies are getting more time, but not price revisions, to execute government procurement contracts as geopolitical conflicts and supply-chain disruptions raise costs for suppliers of smartphones, tablets and laptops.
2 mins
May 11, 2026
Mint New Delhi
BigBasket puts profits over market share
For BigBasket co-founder Vipul Parekh, profitability matters more than market share, even as competition intensifies in quick commerce.
1 mins
May 11, 2026
Mint New Delhi
Govt capex lifts private investment surge: CII
The government’s strong capital expenditure programme has triggered a revival in private investment and growth in their order book, Confederation of Indian Industry (CII) said on Sunday.
1 min
May 11, 2026
Mint New Delhi
Should couples make joint or mutual wills?
My wife and I are planning our estate and succession arrangements, and want to ensure our assets are distributed smoothly and as intended.
2 mins
May 11, 2026
Mint New Delhi
AI strength drives Alphabet to the top
Over the past year, Alphabet Inc. has gone from an artificial intelligence afterthought to the one firm in the market with dominant positions in nearly every aspect of the technology.
2 mins
May 11, 2026
Mint New Delhi
Affluence creates jobs: the top of India’s pyramid plays a vital role
The wealthy deserve recognition for their generation of economic demand in good times and bad
3 mins
May 11, 2026
Mint New Delhi
ATAL PENSION YOJANA: THE NEXT PHASE MUST SHIFT FOCUS TO OUTCOME-LED DEEPENING
The Atal Pension Yojana (APY) is one of the most consequential pension inclusion initiatives undertaken in India in recent years.
2 mins
May 11, 2026
Listen
Translate
Change font size
