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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. Based on the scrutiny/evaluation set out in the Expression of Interest (EOI) document, the central bank had shortlisted seven applicants to participate in the request for proposal process (RFP) for the selection of consultant(s). The seven firms were Accenture Solutions Private Limited; Boston Consulting Group (India) Pvt Ltd; Deloitte Touche Tohmatsu India LLP; Ernst and Young LLP; KPMG Assurance and Consulting Services LLP; McKinsey and Company; and PricewaterhouseCoopers Pvt Ltd.
What is ALCO
Recently the Minister of Youth Affairs and Sports Shri Anurag Singh Thakur declared the Khelo India Winter Games 3rd edition open in ______.
Who has been appointed as the first woman field director of Kaziranga National Park?
What initiative is the Ministry of Mines undertaking on 1st October, 2023, in line with the government's call for citizen participation?
Which country's creative economy was showcased at the Annecy International Animation Festival in France?
Pushpa Kamal Dahal has become prime minister of which country?
Who did Pankaj Advani defeat to win his 28th World billiards crown?
What is the 'Bhobishyot' credit card scheme?
Under which scheme did the Union Budget 2025 allocate health benefits for gig workers registered under the e-Shram portal?
What is the key focus of the Revamped FASAL Programme?
