Publications of the FoundationRegulating AI in the finance sector in IndiaTitle
Publications of the FoundationRegulating AI in the finance sector in India
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- TitleRegulating AI in the finance sector in India
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- Description1 Online-Ressource (VIII, 14 Seiten)
- LanguageEnglish
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- Document typePrint
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Abstract
This paper analyses key trends in the deployment of AI in the fintech sector in India. It discusses the predominant uses of AI in Indian fintech. It analyses the potential risks of the use of AI in financial products and services, particularly focusing on the exclusion and concentration of economic power that it can trigger. And takes stock of the adequacy of the existing regulatory framework and concludes by offering a set of recommendations to strengthen the same.