RBI Issues Strong Warning On Growing Risks Of Artificial Intelligence In Finance

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Added 6 days ago by admin

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At the Global FinTech Fest, RBI Deputy Governor T. Ravi Sankar stated that artificial intelligence is poised to shake up the finance ecosystem and its governance. The speaker highlighted AI's potential to improve credit assessment, fraud detection, and regulatory compliance, while also breaking language barriers to push for greater financial inclusion in India.
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