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AI in banking: Will monitoring in RBI's new guidelines reduce risk in banking?
The use of Artificial Intelligence (AI) in the banking system is increasing day by day. To this end, the Reserve Bank of India (RBI) has proposed new guidelines to reduce the risks associated with the use of AI. The RBI has made it clear th
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The RBI's new guidelines on AI in banking aim to reduce risks associated with its increasing use in the financial sector, ensuring stability and security for customers.