GenAI to boost India’s GDP by $359-438 bn by 2030: RBI Deputy Governor
RBI's Michael Patra highlights AI's transformative potential alongside challenges like cyber threats and ethical concerns, urging balanced policies to harness its benefits
RBI's Michael Patra highlights AI's transformative potential alongside challenges like cyber threats and ethical concerns, urging balanced policies to harness its benefits
Monetary policy can only hope to address future inflation, not today's inflation, says RBI deputy governor Michael Patra.
Minutes of RBI’s Monetary Policy Committee meeting highlight that members were divided on the space for future rate cuts.
Michael Patra, who will take over as the fourth deputy governor, is likely to manage key portfolios such as monetary policy.