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RBI’s AI Framework: FREEAI for Fintech Governance — Shaping Responsible AI in India’s Banking Sector

The Reserve Bank of India (RBI) has recently unveiled FREEAI, a comprehensive framework designed to guide responsible AI adoption across the banking and fintech sectors in India. With fintech innovation accelerating at an unprecedented pace, the RBI recognizes that artificial intelligence, if unchecked, can introduce risks—from bias in credit scoring to security vulnerabilities. FREEAI is […]