Indian financial institutions must guard against relying on algorithms and artificial intelligence to assess customers for loans, central bank Governor Shaktikanta Das said. Model based, algorithm ...

LONDON — British lawmakers have urged financial regulators to introduce AI-focused stress testing and tighter oversight as banks and insurers increasingly deploy machine-learning systems across ...

Reserve Bank of India (RBI) Governor Shaktikanta Das cautioned banks and non-banking finance companies (NBFCs) on Thursday about the pitfalls of assessing customers for loans based on algorithms and ...