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RBI panel recommends AI framework for finance sector

RBI panel recommends AI framework for finance sector

by AIP Online Bureau | Aug 13, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

“The report envisions a financial ecosystem where encouraging innovation is in harmony, and not at odds, with mitigation of risk,” the RBI said in a statement MUMBAI: An RBI panel has recommended that banks and other financial institutions formulate a...
AI in India:20 jobs likely to be affected — and 20 that may stay safe

AI in India:20 jobs likely to be affected — and 20 that may stay safe

by AIP Online Bureau | Aug 9, 2025 | Facts, Risk Management, Technology, Workplace/Employee Benefits

Jobs that will be most affected by AI: Ticket agents/travel clerks,legal assistants (routine drafting),Telephone operators,Finance/insurance underwriters doing rote tasks,Coders doing repetitive tasks,Junior marketing researchers,Customer service representatives,Basic...
AI Shakeup: $283 billion Indian outsourcing sector can shed 5 million jobs

AI Shakeup: $283 billion Indian outsourcing sector can shed 5 million jobs

by AIP Online Bureau | Aug 8, 2025 | Articles, Eco/Invest/Demography, Risk Management, Technology

“With cost optimization being the key driver for new deal wins, clients are asking for productivity benefits – a trend which is also growing due to the rise in AI adoption. This requires IT firms to do more work with the same number of employees or the...
Rising AI-driven cyber attacks and geopolitical tensions hit India Inc, says Aon

Rising AI-driven cyber attacks and geopolitical tensions hit India Inc, says Aon

by AIP Online Bureau | Aug 6, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management, Technology

Prasanna Kumar, head of cyber solutions for India at Aon, said, “We are witnessing India adopt AI at a rapid pace, which brings a host of new risks. Data poisoning attacks can compromise the integrity of critical AI systems and deepfake technology is now being used to...

Improving Patient Outcomes: AI can play a major role

by AIP Online Bureau | Jul 19, 2025 | Data, Eco/Invest/Demography, Health, Non-Life, Risk Management

According to the India findings of the Philips Future Health Index (FHI) 2025, 76% of Indian healthcare professionals (HCPs) are optimistic that AI can help improve patient outcomes – a clear sign of the increasing trust in digital transformation as a driver of...
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