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From Credit Models to Frontier AI: Inside the RBI's 2026 Draft Guidance on Model Risk Management

The RBI's draft Guidance on Model Risk Management, 2026 puts every model used by India's banks, NBFCs and FIs — statistical, algorithmic and AI alike — under a single Board-owned framework, and writes the regulator's first detailed AI rulebook. A clause-by-clause analysis.

By Sushant Shukla |
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