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SUMMARY
The panel suggests setting up of a shared infrastructure by all the regulated entities to democratise access to data and computing
Terming it as the “7 Sutras” that represent the core principles around AI adoption, the panel notes that these are essentially meant to guide future innovations around risk mitigation
The RBI may consider issuing consolidated AI Guidance to serve as a single point of reference for regulated entities and the broader FinTech ecosystem
With…
