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A human firmly in the loop: RBI proposes ‘kill switch’ for AI used by banks & NBFCs
Draft framework released by RBI puts responsibility for AI-driven decisions squarely with the board, holds lenders accountable for the outcomes of every model they use.
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economictimes.indiatimes.com
Banks draw up cyber defence strategies to tackle AI risks
Indian banks are bolstering cybersecurity with a four-pillar strategy against advanced AI threats. Focusing on code and identity protection, AI-driven threat detection,…
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channelnewsasia.com
RBI proposes guidelines for banks to manage AI risks
MUMBAI, June 24 : India's central bank has proposed rules requiring banks to strengthen oversight of risks tied to AI and machine-learning models, mandating board-approved…
