Claim · 2025-08-13 · publication · Stated in source · Supported

The report of the FREE-AI Committee placed on the Reserve Bank of India’s website in August 2025 states that when multiple institutions deploy similar AI models or strategies, it could lead to a herding effect in which synchronised behaviours could intensify market volatility and stress.

One recorded claim. The claim panel gives its qualification, the source passages with their place in each source, and how it was checked.

What it connects

Framework for Responsible and Ethical Enablement of Artificial Intelligence (FREE-AI) Committee Report → articulates → AI raises financial-stability risks through correlated behaviour

Where it appears

AI and money: what central banks and financial authorities have said, 1997–2026 →

Claim and evidence

Framework for Responsible and Ethical Enablement of Artificial Intelligence (FREE-AI) Committee Reportarticulates ↓AI raises financial-stability risks through correlated behaviour

Machine-checkedStated in sourceSupported

Supporting evidence: primary · 1 source

Date: 2025-08-13 · publication Records dated 2025 →
Role: Articulation
Register (kind of text): Nonfiction

Scope and limitsThe committee’s text, introduced by reference to the FSB’s assessment; the RBI press release does not state that the report is RBI policy. A statement of possible risk, not evidence that herding has been observed.

The evidence 01

primary sourceSupports the claim

Framework for Responsible and Ethical Enablement of Artificial Intelligence (FREE-AI) Committee Report

Reserve Bank of India · 2025-08-13

Cite the original source

Cite the original document, not Selekoa. Check these details against it.

Source excerpt

“When multiple institutions deploy similar AI models or strategies, it could lead to a herding effect where synchronised behaviours could intensify market volatility and stress.”

Location in source Chapter 2, section 2.2.8 ‘Potential Impact on Financial Stability’, PDF p. 21

How it was read Retrieved directly from the publisher

Machine-checked · 2026-11-06

Source details and check notes

Authors: Pushpak Bhattacharyya (Chairperson); Debjani Ghosh; Balaraman Ravindran; Abhishek Singh; Rahul Matthan; Anjani Rathor; Sree Hari Nagaralu; Suvendu Pati (Member Secretary)
Version: Retrieved for the candidate pack on 2026-11-02 (SHA-256 569d0385ebac89a629f647522cca5772f822dcc39270515d9426083b699419d8). Retrieved again at admission on 2026-11-06 (same file). PDF of the committee report as placed on the RBI website, as served on 2026-11-02
Canonical address: Open the canonical source ↗
Accessed: 2026-11-06
Language: English (en)
Attribution: Pushpak Bhattacharyya (Chairperson), Debjani Ghosh, Balaraman Ravindran, Abhishek Singh, Rahul Matthan, Anjani Rathor, Sree Hari Nagaralu, Suvendu Pati (Member Secretary), “Framework for Responsible and Ethical Enablement of Artificial Intelligence (FREE-AI) Committee Report”, 2025-08-13.
Reuse: No open redistribution licence asserted. Bibliographic metadata, editorial paraphrases and short attributed quotations (at most 50 words each). Recheck terms before wider redistribution.
Check notes: Candidate pack passage, AI and money (research/ai-money). The quotation (25 words) matched a fresh retrieval of 2026-11-06 (the same file the candidate pack read). Matching ignored differences of whitespace, case, quotation marks, dashes, line-break hyphens and Unicode compatibility forms. No human editorial review.

Status and meaning

Editorial status. Machine-checked. Machines found this record and checked it against its sources; no person accepted it individually. Each evidence record above shows how it was checked.

Relation. A passage of the document meets the proposition’s criterion. The record documents what the text states, in its register (fiction and satire are labelled); it is not evidence that the proposition is true and implies no influence on or from another text.

Date. Date of publication, as the text gives it.

Record ID am-u01-rbi-2025-free-ai-report