Banks use AI everywhere, from chatbots to validating cheques
In Axis Bank, cheque authentication today is largely done not by a human teller, but by an Artificial intelligence (AI) system. It has multiple advantages. …
Kotak Mahindra Bank
RBI imposes Rs 2 crore penalty on Kotak Mahindra Bank
The Central Bank said that the action is based on the deficiencies in regulatory compliance. The Reserve Bank of India (RBI) has slapped a …
