RBI panel moots a host of customer-centric initiatives The committee has also suggested measures for the benefit of pensioners. By Piyush ShuklaJune 6, 2023 02:30 IST
SBI to extensively use business analytics, AI/ML In its annual report posted on the stock exchanges on Monday, SBI said it deploys the most advanced technologies like… By FE BureauJune 6, 2023 02:00 IST
RBI DG Jain for greater global coordination against cyber threats Speaking at an international event under India’s G20 presidency on Monday, Jain called for the formulation of a common framework… By Ajay RamanathanJune 6, 2023 01:45 IST
City Union Bank to upgrade its digital lending process Set to hire BCG as consultant; focus on retail products from FY25 By Sajan C KumarJune 6, 2023 01:30 IST
Paytm disbursements rise 169% on year The company has partnered with large non-banking financial companies and banks, and will continue to focus on the quality of… By Ajay RamanathanJune 6, 2023 00:45 IST
Time right to address governance gaps in banking: Rao The recent crises in the US banking system have highlighted that the boards of banks should set clear expectations from… By Piyush ShuklaJune 6, 2023 00:30 IST
RBI panel suggests a host of customer-centric initiatives for banks The report of the Committee for Review of Customer Service Standards in RBI Regulated Entities (REs) has also suggested that… By PTIJune 5, 2023 18:27 IST
Banking sector needs to address governance gaps to meet upcoming challenges: RBI Deputy Governor M Rajeshwar Rao Addressing a conference of directors of banks organised by the Reserve Bank of India last month, he emphasised that financial… By PTIUpdated: June 5, 2023 12:41 IST
UBS moves to retain more than 100 Credit Suisse Asia dealmakers UBS Group is currently in advanced discussions to keep dozens of Credit Suisse’s senior dealmakers in the region, spanning from… By BloombergJune 5, 2023 12:33 IST
Banks’ digital payments frauds nearly double in FY23 While 3,596 frauds amounting to 155 crore using cards and internet banking services were reported in FY22, the volume nearly… By Piyush ShuklaUpdated: June 5, 2023 08:11 IST
Explainer: RBI exploring disaster-proof payments How will this system be different from other payment systems like NEFT or UPI? Sarthak Ray takes a look. By Sarthak RayUpdated: June 5, 2023 07:22 IST
RBI imposes Rs 2.2-crore penalty on Indian Overseas Bank This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of… By PTIJune 2, 2023 20:58 IST
RBI proposes norms on cyber resilience, digital payment security controls for PSOs The draft directions cover governance mechanisms for the identification, assessment, monitoring and management of cybersecurity risks, including information security risks… By PTIJune 2, 2023 18:52 IST
IDBI Bank buyer to get tax waiver on LIC stake as well CBDT amends taxation rules for notional gains over acquisition price. By Prasanta SahuJune 2, 2023 06:00 IST
Private banks grow deposits at a faster pace in FY23 In absolute terms, deposit growth is higher at public sector banks By Piyush ShuklaJune 2, 2023 01:45 IST
Banks’ non-food credit rises to over Rs 138 trn Credit to agriculture and allied activities rose 16.7% YoY to Rs 17.25 trillion while credit to industry segment rose 7%… By FE BureauJune 1, 2023 03:30 IST
Banks must know downside risks of their biz models: RBI DG Jain While it can be valuable to learn from the experiences of other banks, adopting their strategies without considering the specific… By Piyush ShuklaJune 1, 2023 01:45 IST
Suryoday SFB’s FY24 provision in line with RBI proposed model SFB is aiming to lower its GNPA ratio further to below 2% in FY24, and NNPA ratio below 0.5%. By Piyush ShuklaJune 1, 2023 00:15 IST
Two Kerala students develop EVM tracking software for local body polls – Here’s how it will help Election Commission
Repatriating culture: The Vatican is returning old looted artifacts to Canadian tribes amidst a wave of repatriation of artifacts
US couple returns to India after 17 years over high healthcare cost: ‘Cheapest insurance $1,600/month’
