Generative AI set to improve banking operations in India by 46%: RBI Report
RBI also stated that in India, where millions of people still do not have access to formal banking, AI can help assess the creditworthiness of potential borrowers using non-traditional data sources
RBI also stated that in India, where millions of people still do not have access to formal banking, AI can help assess the creditworthiness of potential borrowers using non-traditional data sources
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The Federation of Economic Development Association of India (F.E.D.A) holds the distinction of being India's most venerable umbrella organization. F.E.D.A focused on promoting economic growth in India. Economic development professionals throughout the state, along with individuals and companies in related economic development fields, work together with the F.E.D.A Members and Board of Federation to help positively influence country legislation and industrial growth. With cutting edge policy research and advisory to National and State governments on trade issues. F.E.D.A is one of the leading non-profit organizations with established credentials for enhancing economic development.
