kapynPolicy & Regulation

RBI mandates kill switch for AI models at banks, introduces comprehensive model risk framework

India's central bank mandates kill switches and human oversight for AI in banking. The new framework requires financial institutions to manage risks from AI, disclose its use to customers, and ensure board-level accountability for AI governance. This proactive regulatory approach aims to enhance safety and transparency in the adoption of AI within the financial sector.

ET CIO·Jun 24, 2026

Opening Kapyn…