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AI FINANCIAL STABILITY RISKS
GFF 2026: After KYC, SBI chief flags ‘Know Your Agent’ as AI enters bankingAgentic AI's growing use in finance necessitates new checks beyond customer identification. Banks may develop a 'Know Your Agent' framework...
AI boom poses new financial stability risks, BIS head saysThe BIS estimates the world's five largest technology firms will invest more than $1 trillion in AI between 2025 and 2026, while industry ...
‘99% accuracy is not enough’: SBI chairman lays out three rules for trusted AIFinancial institutions must build trust into agentic AI systems from the outset. These systems require 100% accuracy and consistent perform...
Commodity Talk| Equities, bonds... and commodities? Why investors may need a third pillar for diversification, Navneet Damani decodesOnce seen largely as a cyclical trading opportunity or an inflation hedge, commodities are increasingly finding a place in long-term portfo...
Jacob Coxon quits Anthropic with chilling AI warning: 'These will soon be superhuman systems that can hack anything, revolutionize any field overnight, and acquire...'Jacob Coxon, a former Anthropic researcher who also worked at OpenAI, has raised a chilling warning about the rapid development of artifici...
GFF 2026: RBI flags speed, concentration, opacity as key risks as AI use grows in financeReserve Bank of India Deputy Governor Rohit Jain addressed emerging technology risks. He noted speed, concentration, and opacity as key con...
If attackers are using AI, companies will have to use AI to defend themselves: Razorpay CEOCyber attackers are now using artificial intelligence to find system weaknesses. Companies must adopt AI-powered defenses to counter these ...
GFF 2026: PM Modi asks fintech industry to turn agentic AI, tokenisation, quantum potential into real-world impactPrime Minister Narendra Modi inaugurated the Global Fintech Fest 2026 in Mumbai. He urged the fintech industry to convert new possibilities...
‘Nothing calms your nervous system more’: Bengaluru creator reveals the financial cushion that can bring real peaceBengaluru-based founder and creator Simridhi Makhija says having Rs 20-30 lakh in savings can provide a sense of financial security and cal...
AI could pose 'existential' risk to humanity, UN rights chief warnsUnited Nations rights chief Volker Turk has raised serious alarm over the rapid advancement of artificial intelligence. He cautions that, i...
'Financial debt, collectors at our doorstep': Ankur Warikoo recalls his family's financial crisis and the powerful money lesson it taught himAnkur Warikoo recalled how his family’s financial crisis began after his father lost his job and was robbed of Rs 10,000. With debt mountin...
India in multi quarter growth upcycle, says Morgan Stanley; sees Sensex at 89,000 by June 2027Morgan Stanley sees India entering a multi-quarter growth upcycle, supported by improving investments, monetary policy and domestic demand....
Indian banks move AI into production, but scaling remains a challenge: ZetaIndian banks are now deploying artificial intelligence in production across various functions. Scaling these AI deployments faces significa...
Global Market: AI could force central banks to rethink monetary policyArtificial intelligence could fundamentally reshape financial markets and force central banks to rethink monetary policy communication and ...
AI-driven cyber risk is top concern for global financial stability, watchdog saysIn a letter to G20 finance ministers and central bank governors ahead of meetings this week, Bailey, who also serves as the Bank of England...
MapmyIndia, ClarityX launch Geo-FI AI platform for lending risk and collectionsMapmyIndia and ClarityX have launched Geo-FI, a new geo-intelligence platform. This platform will help banks and financial institutions mak...
AI cyber risk is biggest immediate threat to global financial stability: FSB chair Andrew BaileyFinancial Stability Board Chair Andrew Bailey highlighted AI's immediate cyber risk concerns. He warned AI could accelerate cyberattacks, i...