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RBI proposes guidelines for banks to manage AI risks

RBI proposes guidelines for banks to manage AI risks

by AIP Online Bureau | Jun 24, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management

Banks should establish human oversight for ​AI models used in automated decision-making, ​the ⁠draft guidelines said.For generative AI models that interface with customers or external users, ⁠additional ​cybersecurity controls should be implemented. MUMBAI:...
IRDAI constitutes expert panel to chart AI roadmap for insurance sector

IRDAI constitutes expert panel to chart AI roadmap for insurance sector

by AIP Online Bureau | Jun 19, 2026 | Indian News, Life, Non-Life, Regulation, Technology

The panel, chaired by Sandeep K. Shukla, director of IIIT Hyderabad, will examine AI’s impact on insurers, policyholders and the broader insurance ecosystem, with a particular focus on ethical adoption, transparency and data security. Hyderabad:Insurance...
Govt deploys AI-powered survey vehicles to revolutionise national highway maintenance

Govt deploys AI-powered survey vehicles to revolutionise national highway maintenance

by AIP Online Bureau | Jun 14, 2026 | Data, Technology

The high-tech vehicles, fitted with laser profilers, GPS systems, high-resolution cameras and advanced 3D laser sensors, are designed to scan highway stretches and generate detailed digital maps of road conditions. New Delhi: The Ministry of Road Transport and...
AI risks are here, time for tough rules: Anthropic CEO Dario Amodei

AI risks are here, time for tough rules: Anthropic CEO Dario Amodei

by AIP Online Bureau | Jun 14, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology

Dario Amodei,CEO,Anthropic To ensure AI develops safely, Amodei identified five key policy areas that need to be rethought: regulation and public safety, macroeconomics and taxation, scientific innovation, the balance of power between governments and citizens, and...
TCS wins multimillion-euro AI powered services transformation deal with Canada Life

TCS wins multimillion-euro AI powered services transformation deal with Canada Life

by AIP Online Bureau | Jun 8, 2026 | Indian News, Technology

As part of the agreement, TCS will leverage its AI & digital capabilities to modernise and manage Canada Life’s data centres, core infrastructure, end-user computing, and software lifecycle management. The transformation will help improve operational resilience,...
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