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AI News from ET - AI promises efficiency and inclusion but needs strong oversight: RBI Dy Governor Sankar

Vishwadeep Khatri
in AI News & Two Lenses

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Reserve Bank of India Deputy Governor T Rabi Sankar highlighted AI's transformative power and its inherent risks. Speaking at the Global Fintech Fest 2025 in Mumbai, he stressed the critical need for robust oversight to ensure financial stability. Sankar pointed to RBI's MuleHunter.ai as an example of responsible AI development.

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