Banking

AI helps Infosys' Finacle suite reduce friction in its sales process

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

Updated On: 13 Oct 2026 | 9:54 PM IST

RBI study fills four-month gap in state inflation data using survey inputs

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

Updated On: 09 Oct 2026 | 9:22 PM IST

RBI should widen LAF corridor to stabilise financial markets: SBI report

The SBI report favours an asymmetric widening of the LAF corridor, faster rate action and a shorter deadline for export proceeds as global uncertainty pressures markets

Updated On: 09 Oct 2026 | 6:45 PM IST

State-owned banks raise repo-linked lending rates by 25 bps after RBI move

Several banks, including BoB, PNB and Indian Bank, raise repo-linked lending rates by 25 bps after the RBI's policy rate increase, making loans costlier for borrowers

Updated On: 09 Oct 2026 | 7:14 AM IST

Citi helps Indian companies raise nearly $16 billion so far in 2026

Citi has helped Indian companies raise nearly $16 billion through debt and equity markets in 2026 and advised on M&A transactions worth over $36 billion amid strong deal activity

Updated On: 08 Oct 2026 | 7:58 PM IST

Rate hike to widen banks' margins as EBLR-linked loans reprice faster

Deposit rates may rise with a lag, credit demand seen holding up

Updated On: 08 Oct 2026 | 12:33 AM IST

Surplus liquidity may not persist beyond FY27: RBI Governor Malhotra

Sanjay Malhotra says currency leakage and OMOs will absorb funds; calls CRR hike among least preferred tools for RBI

Updated On: 07 Oct 2026 | 11:20 PM IST

Banks likely to report treasury losses in Q2 as bond yields harden

The benchmark 10-year government bond yield hardened by 42 basis points during the quarter, while the five-year bond yield rose by 43 basis points to 6.85 per cent

Updated On: 04 Oct 2026 | 10:27 PM IST

HDFC Bank's succession settled, but Anup Bagchi faces execution test

Deposit mobilisation, loan growth, margin recovery and senior management continuity could emerge as key priorities for Anup Bagchi

Updated On: 02 Oct 2026 | 11:14 PM IST

Irdai commission cap plan sparks concern among insurance brokers

Brokers say lower payouts may not necessarily translate into cheaper premiums and could instead squeeze servicing economics, trigger consolidation, and weaken insurance distribution

Updated On: 02 Oct 2026 | 8:17 PM IST

Personal loan sanctions hit Rs 2.99 trillion in Q1FY27: FACE

Digital NBFCs sanctioned 3.4 crore loans worth Rs 64,656 crore during April-June 2026, with small-value borrowing keeping the average ticket size at around Rs 19,000

Updated On: 02 Oct 2026 | 5:29 PM IST

When complaints become insights

The next chapter in grievance redress is to ensure one customer's experience prevents the same problem for the next

Updated On: 01 Oct 2026 | 11:51 PM IST

HDFC Bank names ICICI Bank's V N Srivatsan as chief compliance officer

V N Srivatsan, who currently handles overseas banking compliance and data privacy at ICICI Bank, is proposed to join HDFC Bank on January 4, 2027, for a three-year term

Updated On: 30 Sep 2026 | 10:14 PM IST

Bank strike from Sept 28-30: Why bankers are on strike again this month

The RBI has allowed all bank branches, offices, ATM-linked branches and currency chests to remain open on September 27 to avoid a possible five-day disruption

Updated On: 24 Sep 2026 | 9:49 AM IST

PSBs to remain open on Sunday ahead of three-day nationwide bank strike

RBI has approved opening of all bank branches, offices, ATM-linked branches and currency chests on September 27 to prevent a potential five-day disruption

Updated On: 24 Sep 2026 | 12:22 AM IST

Fund Review: Kotak Bond Short Term Fund

Fund Review: Kotak Bond Short Term Fund

Updated On: 17 Sep 2026 | 5:19 PM IST

When patience stops paying

The IBC's long wait is driving creditors elsewhere

Updated On: 16 Sep 2026 | 11:01 PM IST

RBI proposes temporary debit holds on suspected money mule accounts

Banks can hold fraud-linked amounts immediately; customers get 20 days to explain transactions

Updated On: 13 Sep 2026 | 11:33 PM IST

RBI bites the durable liquidity bullet with ₹1 trillion bond sales

10-year bond yield hits 7% after three months

Updated On: 11 Sep 2026 | 11:45 PM IST

OpenAI launches ChatGPT for financial services: Here's what it offers

The product combines built-in financial data with GPT-6 Astra's reasoning capabilities and has been developed in partnership with Morgan Stanley and Evercore

Updated On: 11 Sep 2026 | 9:03 AM IST