Financial Policy

AI in Finance & Economics

FREEAI Framework: How RBI’s AI in Finance & Economics Drives Ethical Innovation

AI in Finance & Economics is not just about smarter algorithms—it’s about doing it responsibly. The Reserve Bank of India (RBI) has introduced the FREEAI (Framework for Responsible and Ethical Enablement of Artificial Intelligence) to shape how AI developments occur in India’s financial sector. This framework is more than a guideline—it sets up digital infrastructure, a multi-stakeholder oversight committee, and…