RBI sets up 8-member committee to recommend framework for ethical AI in financial sector

New Delhi [India], December 26 (ANI): Reserve Bank of India has set up an eight-member committee, comprising experts from diverse fields, to recommend a Framework for Responsible and Ethical Enablement of AI (FREE-AI) in the financial sector.

The committee will submit its report within six months from the date of its first meeting, RBI said in a statement Thursday.

The financial sector landscape is witnessing rapid transf