The Reserve Bank of India has its task cut out. Real time information sharing has to be operationalised

Our comments to the Draft Guidance on Regulatory Expectations for Data Governance

The Draft Guidance proposes broad regulatory expectations for model risk management across the model lifecycle. It intends to strengthen governance, oversight, risk management and controls of Regulated Entities (REs) using models (including AI / ML models). In this response we present our comments to the Draft Guidance, through six recommendations

In this blog, we trace the emerging contours of India’s domestic approach to governing AI in finance and identify the priorities that should shape the next phase of policy thinking, in light of alarm bells triggered by Mythos, and OpenAI’s cybersecurity initiative, Daybreak.

The growing prominence of Responsible and Trustworthy AI (RTAI) frameworks reflects increasing recognition of these harms. Contemporary RTAI approaches recommend safeguards across the lifecycle of AI systems to ensure explainability, transparency, contestability, auditability, and human oversight, while reducing the potential for bias and discrimination.

This is Part 3 of a 3-part series on the recently released NCAER-MFIN report, "Assessing the Effectiveness of Regulated Small Borrowing in India". In this blog, we examine issues related to measurement and empirical strategy.

In this response, we present our comments to the paper. We divide our comments into three sections.

In this response, we present four recommendations to the Draft Amendments.

The paper explores what RTAI means in the context of digital lending. The first section compiles principles of RTAI along with its essential components. The next section maps relevant tools for each principle. These tool recommendations can help lenders implement RTAI practices in their operations.

In this response, we present our comments to the Draft Amendment Directions for ‘Advertising, Marketing and Sales of Financial Products and Services by Regulated Entities’ issued by the Reserve Bank of India on February 11, 2026.