ETV Bharat / Ai Algorithms To Detect Misselling

Ai Algorithms To Detect Misselling

Markets regulator Sebi is building an artificial intelligence tool to help detect misselling by mutual funds, its Chairperson Madhabi Puri Buch said on Tuesday. She cited a recent incident of a 90-year-old being sold a product with a seven-year lock-in period to illustrate an instance of misselling and said algorithms will help flag such cases.

Sebi working on AI tool to curb misselling by mutual funds: Buch

Sep 5, 2023

ETV Bharat English Team

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