The RBI is looking at regulating AI in banking
In the coming months, the central bank is likely to introduce short-term measures to address risks around data security and governance in the use of AI by banks and fintech firms.
10 March, 2024•9 min
0
10 March, 2024•9 min
0
Getting your Trinity Audio player ready...
More in Internet
Internet
Brands complain of Zepto’s exploitative practices
Some companies that work with the five-year-old quick-commerce platform allege constant pressure to spend money and agree to its terms and conditions. Any attempt to question or rebut Zepto’s policies comes at a cost.
You may also like
Business
Yes Bank’s comeback is real, but incomplete
The beleaguered lender outperformed larger rivals—and itself—on several metrics in FY26, but one-offs and a still weak retail engine keep its investors on edge.
Internet
RBI’s fraud fix could give banks a headache
The regulator’s proposals to introduce checks and safety features in instant payments, if implemented, may end up testing banks.
Business
HDFC Bank’s supposed can of worms needs to be opened and investigated
Atanu Chakraborty’s resignation does not appear as damaging as the bank’s response to it. The ‘all is well’ narrative needs an independent audit.