AI Accountability in Banking: RBI’s Proposed Framework for Explainability, Oversight and Model Risk
- 2026-11-13
Introduction Banks have long been expected to justify their credit and risk decisions to the customer, to the board and to the regulator. That expectation sits uneasily with the direction in which artificial intelligence is being adopted in the sector. A recent global study, Why AI at Scale Needs Governance at Speed, prepared by FT…