RBI's Malhotra: AI Is a Tool, Not a Threat to Banks

Ladies and gentlemen! Sanjay Malhotra, the RBI Governor, is calling for banks to wield AI like a champion, not cower in fear! At FIBAC 2026, he proclaimed, 'We are the decision-makers, not algorithms!' With Brics nations eyeing digital currencies, he emphasized that innovation and safety must unite in this epic showdown!