Wednesday, 17 September, 2025
AI’s Essential Role in Banking: Enhancing Risk, Compliance & Trust
AI is becoming critical in Indian banking for risk management and compliance. Regulators like the Reserve Bank of India (RBI) are pushing for ethical AI systems. Key uses include KYC, AML, fraud detection, and prevention of issues like model drift, hallucination, and adversarial manipulation. Banks are urged to build AI into decision-making infrastructure, not as add-ons.
Read full story at Economic Times