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Global Business News

The Economic Times

Global Business / The Economic Times

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AI in this decade is what digitsation was in the last: RBI governor

Banks must understand artificial intelligence deployment for future success. AI can enhance financial inclusion and improve existing public good projects. Careless AI use risks new forms of exclusion and instability for banks. The RBI plans an approved AI governance policy and a testing sandbox. Banks need deliberate strategies, sustained investment, and strong governance for AI.

11 Aug 2026 2:38 pm