RBI seeks to mandate an emergency "kill switch" for AI in all banks and human oversight for all decisions
The Reserve Bank of India (RBI) plans to introduce new regulations for banks and financial institutions that use artificial intelligence (AI). According to the latest draft guidelines, the RBI intends to make an emergency "kill switch" mechanism mandatory, allowing any AI model in use within a bank's systems to be overridden or halted.
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RBI seeks to mandate an emergency "kill switch" for AI in all banks and human oversight for all decisions Why it matters: Policy can change capability, routing, cost, or product scope for builders shipping against current model APIs. Source: The Hans India https://a2zai.ai/b...
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