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Home / Tag Archives: independent validation of third party fintech codebases rbi compliance

Tag Archives: independent validation of third party fintech codebases rbi compliance

RBI Draft AI Guidelines 2026: Banks Face Strict Accountability and Mandatory Kill Switches

An abstract concept image representing banking regulation, featuring a digital circuit board background layered over the Reserve Bank of India (RBI) headquarters in Mumbai, with a prominent glowing red "Override/Kill Switch" button icon and a semi-transparent digital shield overlaying financial data graphs.

Mumbai. Saturday, 27 June 2026 The landscape of financial technology in India is shifting fundamentally. The Reserve Bank of India (RBI) has issued a sweeping public consultation draft titled “Guidance on Regulatory Principles for Model Risk Management, 2026.” Open for stakeholder feedback until July 24, 2026, this newly proposed framework …