๐ฎ๐ณFinancial Services ยท India
Financial Services AI Governance in India.
Indian financial services AI governance is anchored by the DPDP Act 2023 and sector expectations from the RBI and SEBI, particularly for fintech lending and algorithmic decisioning.
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AI governance in financial services
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Who regulates AI here
India's framework centres on the Digital Personal Data Protection Act 2023, with sector regulators (RBI, SEBI) setting AI expectations in finance.
MeitYMinistry of Electronics and Information Technology
RBIReserve Bank of India
SEBISecurities and Exchange Board of India
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