The Reserve Bank will prepare a framework for responsible and ethical adoption of artificial intelligence (AI) in the ...

The Reserve Bank of India (RBI ... deployment of AI technologies. To combat digital fraud, the RBI Innovation Hub (RBIH) in Bengaluru has developed MuleHunter.AI, an AI/ML-based model to identify ...

In a major initiative to curb digital frauds, the Reserve Bank of India on Friday announced ... an innovative AI / ML based model, namely, MuleHunter.AI has been developed by the Reserve Bank ...

an AI and machine learning (ML)-powered tool designed to detect and mitigate the use of mule accounts. It is currently being piloted by Reserve Bank Innovation Hub (RBIH), a subsidiary of RBI.

India’s central bank governor has warned of financial risks linked to AI dominance in finance, echoing concerns from global financial authorities. The Reserve Bank of India (RBI) has expressed ...

the Governor of the Reserve Bank of India said on Monday. "The heavy reliance of AI can lead to concentration risks, especially when a small number of technology providers dominate the market ...