AI errors: RBI panel calls for 'tolerant supervision' |...

Dununu.com Dununu

Sponsored

AI errors: RBI panel calls for 'tolerant supervision'

RSS Feed Business

Posted

73

An RBI panel suggests regulators should be lenient towards initial AI system errors in finance, provided adequate safety measures are in place, to foster innovation. The report emphasizes a framework built on trust, accountability, and transparency. Recommendations include building better data infrastructure and developing indigenous models, with flexible rules and proportionate liability for banks.

Read Full Article

Please log in to like, share and comment!

Dragon-Elephant Tango? Why Modi is headed to China

By 0 1

Arjun Tendulkar engaged to Saaniya Chandok – What’s the net worth of her family’s business empire?

Arjun Tendulkar, son of cricket icon Sachin Tendulkar, is engaged to Saaniya Chandok,...

By 0 3

Who is Saaniya Chandhok?

Arjun Tendulkar, son of cricket legend Sachin Tendulkar, recently got engaged to Saaniya Chandhok...

By 0 7

Hrithik invites fans for War 2: 'Come enjoy the mayhem'

War 2, starring Hrithik Roshan and N.T. Rama Rao Jr., has premiered nationwide, inviting...

By 0 7

Sudurpaschim faces growing migration challenges

BHIMDATTA: Villages in the hilly districts of Sudurpaschim Province are gradually emptying as...

By 0 10