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The panel suggests setting up of a shared infrastructure by all the regulated entities to democratise access to data and computing
Terming it as the “7 Sutras” that represent the core principles around AI adoption, the panel notes that these are essentially meant to guide future innovations around risk mitigation
The RBI may consider issuing consolidated AI Guidance to serve as a single point of reference for regulated entities and the broader FinTech ecosystem
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The panel suggests setting up of a shared infrastructure by all the regulated entities to democratise access to data and computing
Terming it as the “7 Sutras” that represent the core principles around AI adoption, the panel notes that these are essentially meant to guide future innovations around risk mitigation
The RBI may consider issuing consolidated AI Guidance to serve as a single point of reference for regulated entities and the broader FinTech ecosystem
With…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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