Summary:
- The article discusses a report by a committee set up by the Reserve Bank of India (RBI) that proposes a framework for ethical use of artificial intelligence (AI) in the financial sector.
- The framework aims to ensure that AI systems used in finance are transparent, accountable, and fair, and that they protect consumer privacy and data.
- The report recommends that financial institutions should have clear policies and governance structures in place to ensure the responsible development and deployment of AI systems.