Private banks leading AI adoption in banking services, says RBI study


Says AI likely to make banking services accessible to population at bottom of the pyramid Advertisement Representative PictureAbhijit Lele Mumbai 2 min read Last Updated : Oct 21 2024 | 9:28 PM IST Private sector banks in India are taking the lead in the adoption of Artificial Intelligence (AI) in areas like fraud detection, customer segmentation, and chat automation, according to a Reserve Bank of India (RBI) study. The asset size and capital adequacy ratio are influencing the rate of adoption. The size and financial health had a positive influence on the banks’ focus on AI, reflecting the impact of economies of scale and … Continue reading Private banks leading AI adoption in banking services, says RBI study

LTIMindtree wins its largest deal in its history: … embedding AI into all offerrings


Current progress by LTIMindtree including expansion into US. The focus on embedding AI into all services, and rationalising smaller clients who do not folllow this approach is designed to create a forward looking portolio of customers.. Sources Times of India, Ecomomic Times India’s sixth-largest technology services company, LTIMindtree, has reportedly won its largest deal ever. The company focuses on revolutionising smaller clients and grabbing a higher share of vendor consolidation deals with artificial intelligence (AI), the biggest transforming technology. Now, the company has established a strong presence in the market.  “We are now embedding AI into each of our services, reimagining with … Continue reading LTIMindtree wins its largest deal in its history: … embedding AI into all offerrings

Canada and India develop regulation proposals for G20


Deep in the Harper transcript this little gem indicating Canada and India have been working on the framework of a proposal for the G20 to consider on financial regulation. Transcript: Stephen Harper interview As you know, Canada has co-chaired with India the working group on future financial regulatory reform. We have a very good report which I think will gain consensus. Essentially, we did come down on that one in kind of a middle-ground position we hope will get the support of both the United States and Europeans and others. And that is, that we actually think it is important … Continue reading Canada and India develop regulation proposals for G20

For the record – State Leader interviews before G20 – Financial TImes


Transcript: FT interview with Manmohan Singh – India Transcript: Stephen Harper interview – Canada Transcript: FT interview with Lee Myung-bak – South Korea Transcript: FT Interview with Sergei Lavrov – Georgia Transcript: FT Interview with Barack Obama – US Transcript: India’s security advisor on Obama Transcript: FT interview with Taro Aso – Japan Continue reading For the record – State Leader interviews before G20 – Financial TImes