RBI MPC Meet – RBI delivers hawkish pause again The Reserve Bank of India (RBI) Governor Shaktikanta Das announced the 4 th bi-monthly monetary policy for FY24. While announcing the decision Monetary Policy Committee (MPC) maintained status quo on rates and stance. MPC unanimously decided to keep the repo rate unchanged at 6.50%. The MPC […]

Introduction India’s retail finance industry has witnessed significant growth, primarily driven by Non-Banking Financial Companies (NBFCs). These companies have expanded their retail books rapidly, catering to the soaring demand for credit in the country.However, the industry is not without concerns. The rapid growth and intensifying competition have led to fears of a potential bubble forming […]

Artificial Intelligence Creating The AssemblyLine For KnowledgeWorkers Generative AI made waves this year, from DALL-E-2 to ChatGPT. These tools areimproving the productivity of knowledge workers—~2x in the case of AI codingassistants.AI training cost declines continued at an annual rate of 70%, the cost to train a largelanguage model to GPT-3 level performance collapsing from $4.6 […]