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

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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


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

Reserve Bank of India

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…

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