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IN · Central bank

Reserve Bank of India

India · Central bank & banking regulator · ● On-watch
About

India’s central bank and primary regulator of banks, NBFCs, and payment systems.

Issued the Free-AI Report (RBI FREE-AI Committee) recommending a graded liability framework, mandatory board-approved AI policies, and a dedicated AI incident-reporting mechanism for regulated entities.

Active on AI in digital lending, model governance, and consumer protection in retail finance.

Headline AI document · Free-AI Report (RBI FREE-AI Committee)
Leadership
Governor— (verify pending)
AuthorityReserve Bank of India
EstablishedRBI Act 1934
MandateMonetary policy, currency issuance, banking supervision, payment systems
Mandate
  • RBI Act 1934
  • Banking Regulation Act 1949
  • Free-AI Report — graded AI liability framework
  • Master Direction on IT Governance, Risk, Controls and Assurance Practices
  • Digital Lending Guidelines (AI scoring)
Contact
Free-AI ReportFree-AI Report ↗
On-patrol
Instruments4 tracked
Guidance4 hubs indexed
Last fetched27 Apr 2026
PAI items/wk— (indexing)
Instruments enforced
  • RBI Act 1934 · indexing pending
  • Banking Regulation Act 1949 · indexing pending
  • Free-AI Report ↗
  • Digital Lending Guidelines · indexing pending

Practical guidance

RBI's headline AI document is the FREE-AI Committee Report (Framework for Responsible and Ethical Enablement of AI). PAI: AT2 Guidance Documents recD7UlD6gbUN84jX. Its seven principles were adapted by MeitY into the November 2025 India AI Governance Guidelines.
RBI home ↗

No AT2-verified guidance entries yet

This authority has no rows in PAI’s AT2 Legislation table yet. Section will populate as entries are indexed. See "guidance_intro" above for known targets.

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Activity feed indexing started · RBI circulars, master directions, and AI-related notifications rolling in over the next ingest cycle.