AI risks to financial stability are already a central bank worry

[ad_1] Dangers to financial stability posed by the development of artificial intelligence tools are already starting to become a worry, two central bank chiefs told a conference on Tuesday. Also read:Risks posed by advanced AI models in the wrong handsAsked if...

Uday Kotak sounds alarm bells on global economy; says US Fed may postpone rate cuts, China the ‘only wild card’

[ad_1] Veteran banker Uday Kotak took to platform X on Thursday to warn investors of possible global turbulence, citing several factors.The former MD and CEO of Kotak Mahindra Bank hinted that the US Fed may postpone rate cuts to later,...