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RBI Deputy Governor highlights need to ensure that AI deployment is encouraged with focus on safety

08-Oct-25 14:47 Hrs IST

Rabi Sankar, Deputy Governor, Reserve Bank of India has stated that the path for responsible AI in India’s financial sector is exciting yet deliberate, demanding a phased approach that balances innovation, inclusion and stability. He noted that alongside technological progress, the human element remains central. AI literacy for consumers to understand both the potential and risks of AI will be critical. Just as financial literacy has been a national priority, the coming decade will require a parallel focus on AI literacy, for individuals to engage confidently and safely with these new tools.

The Deputy Governor highlighted that in the short term, the focus needs to be on awareness and capacity building. Financial institutions, technology providers, and regulators must train personnel, strengthen internal governance structures, and introduce initial risk frameworks to ensure that AI deployment is encouraged with focus on safety. Awareness campaigns and workshops can also help smaller institutions and FinTechs integrate AI responsibly.

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1	02-09-2025	IT	RFP for Procurement of Server	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
			D. Technical BID Meeting Link
			E. Financial BID Meeting Link
2	21-08-2025	IT	RFP for Procurement of Server	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
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3	14-07-2025		RFP document for the Cloud Voice Logger	Closed
			A. General Information
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			C. Financial Bid
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4	01-04-2025	IA	REQUEST FOR PROPOSAL FOR APPOINTMENT OF CONCURRENT INTERNAL AUDITORS FOR PERIOD APRIL 2025 – MARCH 2026
5	01-04-2025	IA	REQUEST FOR PROPOSAL FOR APPOINTMENT OF INTERNAL AUDITORS FOR PERIOD APRIL 2025 – MARCH 2026 - IFCI
6	24-04-2025	IT	RFP for Services of IT Infrastructure Shifting & Configuration	Closed
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7	18-02-2025	IT	RFP for Procurement of HP Hard Disk	Closed
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8	18-02-2025	IT	RFP for Procurement of HP Server	Closed
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9	07-12-2024	Administration	RFP for office premises on lease at Chennai	Closed
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10	10-06-2024	IA	RFP for appointment of internal auditors for period April 2024 – March 2025	Active upto 21/06/2024 end of the day
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11	10-06-2024	IA	RFP for appointment of internal auditors and Concurrent Audit for period April 2024 – March 2025	Active upto 21/06/2024 end of the day
12	22-11-2023	Compliance	Procurement of AML/PML software Solution - VC Meeting Link for opening of Tender Box on 22/11/2023 at 4.30 pm	Closed
13	16-10-2023	Compliance	RFP for Procurement of AML/PML software solution
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14	28-10-2024	IT	RFP for Procurement of Firewall	Closed
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15	12-07-2023	ADMIN	RFP for Premises on Lease for Ahmedabad Branch
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16	07-07-2023	CS	RFP for Secretarial Audit
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18	16-06-2023	IT	E-tender for engagement of annual system audit and cyber security audit agency	Closed
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19	15-06-2023	IT	RFP for AMC of 30KVA Online UPS system	Closed
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20	30-05-2023	ADMIN	RFP for Premises on Lease for Ahmedabad Branch	Cancelled
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			C. Technical Bid
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			E. Extension of RFP
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21	24-05-2023	ADMIN	RFP for Premises on Lease for Salem Branch	Closed
			A. Newspaper Aricle
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			C. Technical Bid
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22	24-04-2023	IA	Extension Of RFP iCOM IA for FY 2023-2024	Closed
23	25-04-2023	CS	Extension Of RFP for Seeking Quotations for Secretarial Audit Of IFIN Group for FY 2022-2023	Cancelled
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24	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024	Closed
25	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024 for operations, accounts and control related activities.	Closed
26	24-04-2023	CS	RFP PCS Empannelment for ROC filing 2022-23	Closed
27	24-04-2023	IA	RFP For Appointment Of Internal Auditor iCOM 23-24	Closed
28	14-03-2023	IA	RFP for appointment of internal auditor in the iCOM	Closed
29	25-04-2023	CS	RFP For Secretarial Audit 22-23	Closed