Banking

Singh, a banking veteran with over 29 years of experience across India and the UK, will take charge from November 27, subject to shareholder approval, the bank said on Friday

Tamilnad Mercantile Bank launches multilingual AI telecalling service, Smart Kiosk and credit card as Vice-President C P Radhakrishnan urges it to expand its national presence

Outsourcing strengthens banking only when risks are managed effectively

The Technical Consultative Committee for Financial Markets, headed by Deputy Governor Rohit Jain, will meet at least once a quarter to discuss policy, operational and market infrastructure issues

SBI estimates the impact of the transition, net of taxes, at Rs19,500 crore

Should the premium be deemed received when the insurer receives the cheque, or when the cheque clears and the proceeds reach its account?

The technology can transform public-sector banks, driving massive productivity, inclusion and helping in sustained economic growth

Movin Jain, cofounder of Skydo talks on the challenges in international payments

NSFI 2025-2030 was categorical that a fair and reasonable remuneration structure for BC agents is a must to ensure quality and consistency in the delivery of financial services at the last mile

Spending drops 5.9% in Sep to Rs 2.04 trillion against a high year-ago base

Fino Payments Bank reports a ₹34.6 crore loss in H1FY27 as revenue falls 25 per cent, while Q2 loan referral disbursals surge 286 per cent amid preparations for its SFB transition

At the BFSI Insight Summit 2026, PSB chiefs said attractive yields, leverage and RBI support helped banks mobilise a record $127 billion in FCNR(B) deposits, easing funding pressure

SFB chiefs say financial inclusion remains incomplete amid ₹85 trillion in unmet credit demand, while a shift to universal banking could help expand services and ease deposit costs

Tokenisation could help Indians unlock the wealth tied up in assets such as gold and property by making ownership easier to verify, investments more accessible and borrowing against these assets

Indian banks need to move beyond experimenting with artificial intelligence (AI) and focus on implementing solutions that deliver measurable outcomes,

At the Business Standard BFSI Insight Summit 2026, bank chiefs from IndusInd Bank, RBL Bank and IDFC First Bank discussed how AI can transform lending, improve productivity and customer experience

The three-day Business Standard BFSI Insight Summit begins in Mumbai on October 26, bringing together regulators and industry leaders to discuss banking, markets, AI and economic growth.

India's financial leaders to discuss AI-driven banking, fintech innovation, financial inclusion and investment trends at Business Standard's BFSI Insight Summit 2026 in Mumbai

Infosys Finacle is using AI to reduce sales process time by 60-70 per cent, while deploying multiple language models to improve banking efficiency and control costs

Researchers used household perceptions, expectations and past data to estimate missing state-wise urban inflation, with refined figures closely tracking the all-India series