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RBI proposes AI risk framework for banks

The Reserve Bank of India has released a draft circular proposing a comprehensive risk management framework for AI and machine learning models used by banks, enforcing absolute accountability for third-party systems.

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RBI proposes AI risk framework for banks

Why it matters: AI News is moving the AI stack right now, and this update helps explain what changed for builders.

Source: Financial Express , Read To Lead
https://a2zai.ai/bytes/rbi-proposes-ai-risk-framework-for-banks-5a4a59a2
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