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Indian financial services AI governance is anchored by the DPDP Act 2023 and sector expectations from the RBI and SEBI, particularly for fintech lending and algorithmic decisioning.
India's framework centres on the Digital Personal Data Protection Act 2023, with sector regulators (RBI, SEBI) setting AI expectations in finance.
Key regulators include MeitY (Ministry of Electronics and Information Technology); RBI (Reserve Bank of India); SEBI (Securities and Exchange Board of India).
India's framework centres on the Digital Personal Data Protection Act 2023, with sector regulators (RBI, SEBI) setting AI expectations in finance.
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