75 The Reserve Bank has shortlisted seven global consultancy firms, including Pricewaterhouse Coopers, McKinsey and Boston Consulting Group (India), to use artificial intelligence and machine learning for supervisory functions. The RBI is looking to extensively use advanced analytics, artificial intelligence and machine learning to analyse its huge database and improve regulatory supervision over banks and NBFCs. The seven firms are Accenture Solutions Private Limited; Boston Consulting Group (India) Pvt Ltd; Deloitte Touche Tohmatsu India LLP; Ernst and Young LLP; KPMG Assurance and Consulting Services LLP; McKinsey and Company; and Pricewaterhouse Coopers Pvt Ltd. You Might Be Interested In US Tech Innovation Shines as XCOM Labs Takes 5G Capabilities to New Heights Apple’s iPhone 15s are almost Pro — without the cost EU Proposes Three-Tiered System to Regulate AI, A First in the Western World Accel’s Prakash Identifies GenAI, Climate, and Fintech as Hot Bets for Investors Next Year A Global Race for Next-Generation Clean Tech Microsoft CEO Nadella crowns India as AI leader
