Banking

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

10-year bond yield hits 7% after three months

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

The woes at HDFC Bank have put the spotlight back on leadership continuity and how lenders oversee top-tier handovers, reports Raghu Mohan

Muted response to fresh ₹10 trn VRRR auctions; rupee appreciates to two-month high

A feud among Leonardo Del Vecchio's heirs over his €40 billion fortune is deepening, raising governance concerns at Delfin and its key investments

Much has been said about over-lending and defaults. Here's how lending works for the bottom-of-the-pyramid

In this session, Nishant Sood, Managing Director, Candi Solar India, talks about the solar sector and provides career tips to the B-Schoolers.

State-owned banks plan to use the MY Bharat portal to offer internships and training to young people and build a pipeline for recruitment into entry-level banking jobs

RBI Deputy Governor Swaminathan J says growing reliance on technology and third-party providers exposes smaller banks to cyber, digital fraud and operational risks

The RBI has deferred implementation of revised recovery norms to January 2027 and given regulated entities a year to certify existing recovery agents through the IIBF

The Reserve Bank will conduct a seven-day variable rate reverse repo auction after surplus liquidity in the banking system crossed Rs 3 trillion, keeping overnight rates close to the SDF

The world's oldest bank faces a high-stakes takeover battle as consolidation reshapes Italy's banking sector and tests Monte dei Paschi's independence

Private sector lender reports record quarterly earnings on improved asset quality, higher income and business growth, while targeting higher FCNR(B) deposits

Despite tech investment, rising complexity in frauds exposes governance gaps and digital vulnerabilities. There is an urgent need for stronger oversight

The autonomous banking platform will use the funds for research and development and expansion into Australia and New Zealand, while strengthening its private AI capabilities

The state-owned lender reported a 49.3 per cent rise in Q1 FY27 net profit, supported by strong growth in net interest income, non-interest income and improving asset quality

Jana Small Finance Bank expects 80% profit growth in FY27 as microfinance stress eases, while remaining open to reapplying for a universal banking licence

RBI's Financial Inclusion Index improved to 70 in FY26 from 67 a year earlier, driven mainly by higher usage, while all three sub-indices registered growth

Public sector lender Punjab National Bank (PNB) has signed a Memorandum of Understanding (MoU) with Digital India BHASHINI Division (DIBD) for facilitating multilingual AI banking. Through this partnership, BHASHINI's advanced multilingual AI capabilities will be integrated into PNB's digital platforms, PNB said in a statement on Thursday. This will empower customers to access banking services seamlessly in multiple Indian languages via both voice and text, it said. Speaking on the occasion, PNB Executive Director M Paramasivam said by combining multilingual AI with public service delivery, this initiative will help bridge language barriers and ensure that digital banking services are more accessible, equitable, and citizen-friendly for people across the country.