ABFM: Concepts and Practice · Part D: Emerging Business Solutions

Chapter 21: AI and business analytics

What AI is and how banks use it, RBI’s framework for using it responsibly, the four kinds of analytics, and how to judge whether a model works.

Buyers of the e-book, or of the print copy, which includes it, read the whole chapter. Everyone can read the free sample, pages 1 to 24 of the e-book.

In this chapter

• 21.1What AI isp. 283
• 21.2AI at work in banksp. 284
• 21.3Using AI responsiblyp. 285
• 21.4Business analyticsp. 286
• 21.5Is the model any good?p. 287
• Exam traps and quick checksp. 288
• Practice: 16 questions in three roundsp. 289
• Answers, with every wrong option explainedp. 291
• Make it stickp. 293
• Chapter 21 on one pagep. 294

Corrections and updates

None for this chapter so far. Every correction to the book, and any rule that changes after its date, is listed on the errata page.