Latest

https://cdn.mos.cms.futurecdn.net/X4pDZAGJ7CGWXkUzTak29-2560-80.jpg

TECH NEWS

India central bank head says AI can approve loans humans would have turned down, says the technology is, 'a capability to be responsibly harnessed and not merely as a risk to be contained'

* RBI Governor Sanjay Malhotra tells banks that AI trained on alternative data such as cash flows, GST filings, and utility payments can extend credit to borrowers that manual underwriting cannot currently assess * The pitch came bundled with caution, insisting that banks take safety and visibility measures including complete AI inventories,