Artificial intelligence is transforming personal finance through machine learning algorithms that analyze spending patterns, automate investments via robo-advisors, and detect fraud in real-time. These AI-powered platforms deliver personalized financial advice, optimize portfolios automatically, and make wealth management accessible to everyone, revolutionizing how we handle money today.
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The RBI cut the repo rate by 25 basis points to 5.25%, supporting economic growth while maintaining inflation control. This rate reduction lowers borrowing costs for home loans, personal loans, and businesses, encouraging consumption and investment across the economy.
