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RBI sets up panel to develop a framework on ethical use of AI in financial sector

Category : Business and economics
Published on: December 30 2024 Share on facebook

  • The Reserve Bank of India (RBI) has announced that it has constituted a committee to develop a framework for responsible and ethical enablement of Artificial Intelligence (FREE-AI) in the financial sector.
  • The committee will be headed by Professor Pushpak Bhattacharya of the Department of Computer Science and Engineering, IIT Bombay.
  • The committee includes key members including NITI Aayog Fellow Debjani Ghosh, IIT Madras' Balaraman Ravindran, and HDFC Bank's Anjani Rathore.
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