Governor Sanjay Malhotra calls for stronger AI safeguards as banks face increasingly complex digital fraud
Central bank shifts to caution as oil, rupee and trade risks cloud outlook
RBI, customer bank and beneficiary bank will share payouts
MUMBAI: The Reserve Bank of India has proposed a new framework to compensate bank customers up to Rs 25,000 for losses arising from small-value fraudulent digital...
Has cut 100 bps since last year, taking repo to 5.5 per cent after August pause
