RBI governor meets bank CEOs to discuss AI and geopolitics

Central bank governor Sanjay Malhotra held talks with bank chief executives on Tuesday. The discussions covered artificial intelligence, geopolitical issues and new expected credit loss guidelines. Some banks also shared estimates on inflows under the FCNR(B) scheme.

Central bank governor Sanjay Malhotra met bank chief executives on Tuesday. Key topics included geopolitical complexities, artificial intelligence and the new expected credit loss guidelines.

Banks provided their FCNR(B) scheme inflow estimates during the meeting. The talks also noted that oil prices have spiked over nine percent after recent military actions.

The meeting focused on these areas as part of routine central bank engagement with the banking sector.

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