RBI SELECTS MCKINSEY
RBI selects McKinsey and Company, Accenture Solutions to use AI, ML to improve regulatory supervision
The Reserve Bank has selected global consultancy firms McKinsey and Company India LLP and Accenture Solutions Pvt Ltd India to develop systems using artificial intelligence and machine learning for its supervisory functions. The RBI is looking to extensively use advanced analytics, artificial intelligence and machine learning to analyse its huge database and improve regulatory supervision over banks and NBFCs. For this purpose, the central bank plans to hire external experts.
RBI shortlists 7 global consultancy firms to use AI, ML to improve regulatory supervision
The RBI is looking to extensively use advanced analytics, artificial intelligence and machine learning to analyse its huge database and improve regulatory supervision over banks and NBFCs. For this purpose, the central bank plans to hire external experts.
New B-School compared to IIMs, ISB: Gurugram's Masters’ Union School of Business' inaugural batch has students from Goldman, IITs
As part of its industry immersions, Masters’ Union has set up India’s largest student managed investment fund with a corpus of Rs 5 crores to help students practice investments first-hand. The curriculum is designed to feel like an internship and the students are also engaged in live consulting projects to ensure their maximum experiential learning.
View: India needs a set of fiscal measures, and granular back-to-work protocols, to save both lives and livelihoods
If the virus were contained by the current lockdown, India’s GDP may grow 1-2% in FY2021.
Bandhan engages Deloitte to assist it for setting up a bank
Bandhan Financial Services has engaged Deloitte to advise it for its transition to a bank.
ICICI Bank won't chase no. 1 position in mkt share, but balance it with profitability: Chanda Kochhar
Chanda Kochhar has implemented a back-to-basics strategy at the country's largest private sector bank, which until then was charging down a high-speed growth path
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Licence to bank: India Inc dresses up for the occasion
Some of India’s biggest business houses such as the Tatas, the Aditya Birla group, the Mahindras, L&T and Religare are bringing on board veterans in banking to fortify their chances of obtaining a banking licence.
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