RBI proposed easing of norms for dividend payout by banks
Currently, banks need to have a NNPA ratio of up to 7 per cent to become eligible for declaration of dividends.
Source: indianexpress.com
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Inoperative & unclaimed accounts: How will the RBI's revised guidelines benefit customers? | Business News
The RBI has asked banks to undertake at least an annual review in respect of accounts, where there are no customer induced transactions for more than a year.
Source: indianexpress.com
PM Modi to inaugurate Global Partnership on AI Summit 2023 today; check timing, speakers, other details
PM Modi extended an invitation to the summit and he emphasised that AI is a rapidly advancing technology with expanding applications
Source: businesstoday.in
Governments race to regulate AI tools
With rapidly advancing AI technology, governments are struggling to form laws governing the technology and its safety
Source: tribune.com.pk
More talks required on AI rules French minister says
French Digital Minister says that EU lawmakers may have to meet again to define details on crucial AI rules after deal
Source: tribune.com.pk