Business Coachย โขย 21d
๐ฅRBI Issues Comprehensive AI Framework for Banks๐ฅ ๐ฅ RBI releases FREE-AI framework with 26 regulatory guidelines โ Reserve Bank sets ethical AI standards for financial sector with 7 core principles emphasizing trust, fairness, and accountability . ๐ค Why It Matters โ Provides clear roadmap for banks to adopt AI responsibly. Addresses fraud prevention, algorithmic bias, customer protection while encouraging innovation over restriction . ๐ Action/Example โ Banks should implement explainable AI systems for loan approvals, fraud detection with human oversight. Fintech startups need transparent AI models meeting regulatory requirements . ๐ฏ Who Benefits โ Banking customers get fairer AI-driven services, fintech companies have clear compliance guidelines, and financial institutions can innovate confidently within regulatory boundaries. Follow me otherwise you will miss major updates.
"You never know"ย โขย 7m
THIS COULD BE GAME-CHANGER ! BIG MOVE BY RBI ๐ข Today was RBI MPC meeting of 2025 and they announced one thing, which one should not ignore. They introduced exclusive website domains โbank.in = for Indian banks โfin.in = for financial entities
See MoreFinance Geek | Conte...ย โขย 1y
The Rise of Fintech in Bangalore: Trends and Opportunities * Trends: Mobile payments, digital lending, insurtech, blockchain, wealth management, regulatory sandbox. * Opportunities: Financial inclusion, increased access to credit, personalized fina
See MoreFounder at Stockwareย โขย 11m
Navi Finserv Ordered to Cease Loan Disbursement by RBI ๐จ In a recent development, Navi Finserv, the NBFC arm of Sachin Bansalโs Navi Technologies, has been ordered by the Reserve Bank of India to cease and desist from sanctioning and disbursing loa
See MoreFintech Enthusiast |...ย โขย 8m
Fintech News Update: January 16, 2025 1. Amazon Acquires Axio ๐: Big news! Amazon is acquiring Bengaluru-based fintech startup Axio to expand its financial services in India. This move, pending approvals, will enable Amazon to offer credit-based se
See MoreFinance Geek | Conte...ย โขย 11m
The Future of Fintech in India India's fintech sector has experienced rapid growth, driven by technological advancements, increasing smartphone penetration, and government initiatives. The country's large population and diverse demographics offer a s
See MoreFounder & CEO At Ops...ย โขย 18d
In finance, small inefficiencies cost big money. Thatโs why Fintech is embracing AI automation: ๐ณ Fraud detection in real-time ๐ Automated compliance checks ๐ค AI chatbots handling customer queries instantly At Opslify, weโve built tools for fin
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