Fri, December 27, 2024
[ Fri, Dec 27th 2024 ]: Forbes
Can Innovation Unify Across Divides? Three Israeli-Palestinian Initiatives Show Peace Is Possible
[ Fri, Dec 27th 2024 ]: Yahoo
When to watch the sky in 2025: Florida Space Coast rocket launch schedule
[ Fri, Dec 27th 2024 ]: CNET
NFL Network Saturday: How to Watch, Stream All Three Week 17 Games
[ Fri, Dec 27th 2024 ]: jhuapl
Parker Solar Probe Makes History With Closest Pass to the Sun
[ Fri, Dec 27th 2024 ]: LADbible
Stark reality of Kessler syndrome's danger to hum .. nity explained by scientists and it is terrifying
[ Fri, Dec 27th 2024 ]: Techopedia
Mysterious NotLockBit Ransomware Attacks Windows & Mac
[ Fri, Dec 27th 2024 ]: sinchew
Pigeon Empowers Mothers With A Holistic Maternity .. fect Blend of Nature, Science, and Sustainability
[ Fri, Dec 27th 2024 ]: MSN
NASA's Parker Solar Probe: What Happens Next After Sun Flyby?
[ Fri, Dec 27th 2024 ]: AOL
Taiwan's science ministry warns spending cuts could hit chips, AI funding
[ Fri, Dec 27th 2024 ]: MSN
Incline Walking Vs. Stair Stepper: Which One Is Better For Cardio, Strength, And Calorie Burning
[ Fri, Dec 27th 2024 ]: MSN
Most IITians diverge from their field: Why we must rethink branch-based admissions
[ Fri, Dec 27th 2024 ]: CNN
With space junk clouding Earth's orbit, are we barreling toward 'Kessler Syndrome'?
[ Fri, Dec 27th 2024 ]: IPPMEDIA
Faith leaders, VPO pact on climate change roles
[ Fri, Dec 27th 2024 ]: Newsbomb
India's Quantum Satellite Quest and Supremacy
[ Fri, Dec 27th 2024 ]: CIO
What is an IT consultant? Roles, types, salaries, and how to become one
[ Fri, Dec 27th 2024 ]: MSN
Why Clarivate Plc (CLVT) Is One of the Best Techn .. ogy Penny Stocks to Buy According to Hedge Funds?
[ Fri, Dec 27th 2024 ]: Businessworld
RBI Sets Up 8-member Committee To Recommend Framework For Ethical AI In Financial Sector
[ Fri, Dec 27th 2024 ]: MSN
Driving Innovation in Distributed Systems and Scalable Cloud Solutions Across Industries
[ Fri, Dec 27th 2024 ]: MSN
How Did the Islamic Golden Age Shape Knowledge and Discovery?
[ Fri, Dec 27th 2024 ]: NDTV
ISRO's POEM-4 To Fly 10 Experiments By Start-Ups To Space
[ Fri, Dec 27th 2024 ]: CNN
Russia is intensifying its air war in Ukraine. A .. ramping up drone production to fuel the offensive
Thu, December 26, 2024
[ Thu, Dec 26th 2024 ]: Vanguard
Man lures friend to burial ground in Kogi, slits his throat
[ Thu, Dec 26th 2024 ]: Newsweek
Laura Loomer Faces Backlash for Comments About Indians Amid H-1B Visa Debate
[ Thu, Dec 26th 2024 ]: MSN
RBI sets up eight-member panel on ethical use of AI
[ Thu, Dec 26th 2024 ]: MSN
MAGA vs Tech Titans: Decoding the immigration battle of US over Indian techies
[ Thu, Dec 26th 2024 ]: MSN
Sunlight Can Split Water Directly Into Hydrogen For The Fuel Of The Future
[ Thu, Dec 26th 2024 ]: MSN
From SRM University to Donald Trump's AI advisor: .. ompany spotted Sriram Krishnan's talent years ago
[ Thu, Dec 26th 2024 ]: MSN
North East MP discusses new influential role and a 'row' with Elon Musk
[ Thu, Dec 26th 2024 ]: Yahoo
Pixel 10 Pro concept video imagines crazy camera redesign
[ Thu, Dec 26th 2024 ]: MSN
H-1B Visa Row: MAGA vs tech titans in battle over Indian techies and U.S. immigration policies
Wed, December 25, 2024
[ Wed, Dec 25th 2024 ]: thecooldown
Scientists achieve major milestone in battle agai .. toxins: 'The world is belatedly starting to act'
[ Wed, Dec 25th 2024 ]: AOL
Level Up Your Life: 22 Online Courses Worth Gifting To Yourself This Christmas
[ Wed, Dec 25th 2024 ]: Techopedia
Top 10 AI Breakthroughs & Controversies of 2024
[ Wed, Dec 25th 2024 ]: CNN
The myth of the 'lost prince' and other historical mysteries solved by science in 2024
[ Wed, Dec 25th 2024 ]: Forbes
What Does Google's Willow Chip Mean For Startups In 2025
[ Wed, Dec 25th 2024 ]: MSN
Absolute Superman's 10 Biggest Changes to the Character, Ranked
[ Wed, Dec 25th 2024 ]: MSN
Dalit Professor Faces Exclusion at IIM Bangalore: .. its are Shut Out from Equal Opportunities at IIMs
[ Wed, Dec 25th 2024 ]: MSN
Ro Khanna defends Indian-origin Sriram Krishnan's .. 's AI advisor; calls it 'American exceptionalism'
[ Wed, Dec 25th 2024 ]: MSN
Study Abroad: UCL's collaboration with IISc, IIT .. hi & AIIMS to open more doors for Indian students
[ Wed, Dec 25th 2024 ]: MSN
Zoho CEO Sridhar Vembu Congratulates Trump's New .. r Sriram Krishnan: 'I Wanted to Hire Him in 2004'
Tue, December 24, 2024
[ Tue, Dec 24th 2024 ]: MSN
Trump 2.0 nominee backs Sriram Krishnan in Green .. th far-right journalist: 'He's no career Leftist'
[ Tue, Dec 24th 2024 ]: Forbes
10 AI Predictions For 2025
[ Tue, Dec 24th 2024 ]: MSN
Far-right activist schooled for slamming Indian-o .. in Sriram Krishnan's appointment as Trump advisor
[ Tue, Dec 24th 2024 ]: MSN
Fun, intriguing, interactive installations light up in Exploratorium's 'Glow'
[ Tue, Dec 24th 2024 ]: Indiatimes
Removing H-1B caps for Indians? David Sacks and E .. n Musk back Sriram Krishnan's view on green cards
[ Tue, Dec 24th 2024 ]: MSN
IT Jobs In India In 2025: AI, Data Science... - Top Employment Opportunities Next Year
[ Tue, Dec 24th 2024 ]: IFLScience
Burt, A Gigantic Crocodile And Beloved 80s Movie Star, Has Died
[ Tue, Dec 24th 2024 ]: MSN
British Army successfully tests radio wave-based drone defence system

FREE of AI in financial sector: 'Potential risks... ' - RBI forms 8-member panel; here's why

In an official notification, the central bank said the committee will submit its report within six months from the date of its first meeting. The committee will assess the current level of adoption of AI in financial services,
The Reserve Bank of India (RBI) has established an eight-member panel to explore the potential risks associated with the use of Artificial Intelligence (AI) and Machine Learning (ML) in the financial sector. This initiative comes in response to the growing integration of AI technologies in banking and finance, which, while offering numerous benefits like enhanced efficiency and personalized services, also introduces significant risks such as data privacy issues, algorithmic biases, and potential systemic vulnerabilities. The panel, led by RBI's executive director, aims to assess these risks comprehensively and recommend regulatory frameworks to mitigate them, ensuring that the adoption of AI in finance does not compromise financial stability or consumer protection. The formation of this panel underscores the RBI's proactive approach to managing the challenges posed by technological advancements in the financial landscape.

Read the Full MSN Article at:
[ https://www.msn.com/en-in/money/topstories/free-of-ai-in-financial-sector-potential-risks-rbi-forms-8-member-panel-here-s-why/ar-AA1ww7o9 ]