AI in this decade is what digitsation was in the last RBI governor
News Source : The Times of India
News Summary
- 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.
- Top Trending Stocks: SBI, Axis Bank, HDFC Bank, Infosys, Wipro, NTPC.
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