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ARTICLE · 19 AUGUST 2025

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AKP Banking & Finance Digest August 18, 2025

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We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at [email protected].

IndiaFinance and Banking
Anuroop Omkar
Anuroop Omkar

We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at [email protected]. We shall now be hosting our weekly updates at Spotify!

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1. Regulatory Updates

1.1. India

Reserve Bank of India (RBI)

1.1.1. RBI releases report of the committee to develop a framework for responsible and ethical enablement of Artificial Intelligence (FREE-AI) in the financial sector

Reserve Bank of India ("RBI") released a report on the committee set up on December 26, 2024, to create a Framework for Responsible and Ethical Enablement of Artificial Intelligence (FREE-AI) in the financial sector. The framework has six pillars across two sub-frameworks: Innovation Enablement (Infrastructure, Policy, Capacity) and Risk Mitigation (Governance, Protection, Assurance), with 26 (twenty-six) recommendations such

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