RBI sets up panel for ethical AI use – Times of India

RBI sets up panel for ethical AI use – Times of India

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RBI sets up panel for ethical AI use

MUMBAI: RBI has formed a panel to guide ethical AI adoption in the financial sector. The committee on Framework for Responsible and Ethical Enablement of Artificial Intelligence (FREE-AI) will be chaired by Pushpak Bhattacharyya of IIT Bombay.
Others in the panel include experts from academia, industry, govt, and regulatory bodies. Its mandate includes assessing AI adoption in financial services globally and in India, reviewing regulatory approaches, identifying risks, and recommending frameworks for ethical governance and compliance. RBI’s fintech department will support the committee, which is expected to submit its report within six months.



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    I am Bhavesh Mathur; a content writer and web designer, very strong on the delivery of impactful and insightful content. My major work involves writing articles on a wide variety of business and news-related topics, with the prime focus being on making hard-to-understand information approachable and interesting for readers. As the founder of News Eager, I will post news daily in many fields such as politics, business, sports, entertainment, and lifestyle. I will provide a platform where people can easily stay updated with what is happening in different parts of the world. In addition to my writing, I bring web design skills to each project, ensuring that my platforms are not only content-rich but also visually appealing and user-friendly. I aim to bring value and build trust with my audience through my work on News Eager.

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