Reserve Bank of India Governor advocates for AI in financial inclusion
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Sanjay Malhotra (RBI Governor)
Mumbai, India
August 11, 2026
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COMPAMIR Editorial Team
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Read our editorial policy- Earlier version 18/12/2026, 8:31:01 AM
RBI Governor Sanjay Malhotra encourages banks to use AI for loan approvals to reach underbanked populations. The regulator emphasizes the need for human oversight, AI governance, and transparency to mitigate risks like the 'black box' problem.
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