RBI Governor Sanjay Malhotra urges lenders to accelerate AI spend
4 sources·Updated August 11, 2026
RBI AI spending
Covered by 4 sources
- Deccan Chronicle Ent·11h agoGeopolitical, Trade Uncertainties, Cyber Risks Major Risks To Financial System Over Medium Term Says RBI Governor
Malhotra said, “I think there are quite a few challenges. Public debt levels in advanced economies are high.
Read at Deccan Chronicle Ent → - Economic Times·19h agoAI in this decade is what digitsation was in the last: RBI governor
Banks must understand artificial intelligence deployment for future success. AI can enhance financial inclusion and improve existing public good projects. Careless AI use risks new forms of exclusion and instability for banks. The RBI plans an approved AI governance policy and a…
Read at Economic Times → - Business Today IN·19h agoHuman oversight will remain critical even as banks embrace AI, says RBI Governor Malhotra
Banks that adopt AI with the full understanding of what they are deploying, will win in the AI era, the RBI Governor felt.
Read at Business Today IN → - Business Standard·22h agoRBI Governor Sanjay Malhotra urges lenders to accelerate AI spend
Malhotra, however, warned that wider AI use entails risks including biased or opaque decisions, along with data privacy and cybersecurity threats
Read at Business Standard →
