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The National Payments Corporation of India (NPCI) has introduced Finance Model for India (FiMi) Banking, presenting it as a "sovereign compact model" for retail banking applications in India.
Alongside the launch, NPCI is making public the benchmarks, evaluation sets and technical paper used to assess the performance of banking AI agents.
The organisation will also work with HDFC Bank on further development of the model, bringing together NPCI's technology base and HDFC Bank's banking and AI experience.
FiMi Banking has been trained for Indian retail banking tasks and is intended to handle complex assignments involving long-context processing within a bank's rules and existing systems.