Over-dependence on AI is a threat to financial stability: RBI Governor said – Banks should take advantage of AI, do not let them take advantage.
New Delhi22 minutes ago copy link Reserve Bank of India (RBI) Governor Shaktikanta Das has expressed concern over the increasing risks of Artificial Intelligence (AI). He has said that excessive dependence on AI can increase financial vulnerabilities. Speaking at an event on the topic ‘Central Banking at Crossroads’ organized on the 90th anniversary of RBI…