RBI’s MuleHunter Platform to Expand Across More Banks to Fight Fraud

The Reserve Bank of India (RBI) has been ramping up its efforts to curb financial fraud in the country. A significant move in this direction is the introduction of the MuleHunter platform, an artificial intelligence (AI) and machine learning (ML) based fraud detection system developed by the RBI Innovation Hub.Over the next two months, at … Read more

Fitch Ratings Cuts India’s FY26 GDP Growth Forecast to 6.3%

Fitch Ratings has slightly reduced India’s GDP growth forecast for the fiscal year ending March 2026 to 6.3%, down from its earlier projection of 6.4%. The rating agency believes that, despite global headwinds, credit metrics for Fitch-rated Indian companies are likely to improve in FY26. This optimism is driven by wider EBITDA margins, which could … Read more