RBI’s AI reset; ETSA ‘Startup of the Year’ nominees

The central bank’s new AI framework will send banks back to the drawing board. This and more in today’s ETtech Top 5.

Also in the letter:
■ Urban Company’s makeover play
■ HCLTech’s AI thesis
■ New Gemini, Claude tools

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RBI’s FREE-AI framework raises governance bar for banks

The Reserve Bank of India’s (RBI) new artificial intelligence (AI) rulebook is more than just a framework. It is a reset.

Dubbed FREE-AI, short for Fairness, Robustness, Efficiency, and Explainability, the RBI’s latest push will force banks to rethink how they…