Reserve Bank of India Deputy Governor S C Murmu told non-banking financial companies they must incorporate artificial intelligence and machine learning into their operations. Murmu specifically recommended stronger underwriting processes along with improved risk management and regular stress testing. The call follows ongoing expansion in NBFC lending volumes. Economic Times reported the remarks in an article covering regulatory expectations for the sector. The deputy governor's comments were presented as guidance for lenders facing higher credit activity. No responses from individual NBFCs or details on enforcement appeared in the source material.