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
South Indian Bank MD & CEO Mahesh Pai plans to enter the credit card business within six months, boost retail lending, expand branches and target 15-16% credit growth over the next two years.
Branch-level operations at public sector banks were hit across several states, affecting cash transactions and cheque clearances, while digital banking services remained available
Women remain under-represented in India's platform economy despite near parity in bank-account ownership, as digital capability and credit-access gaps persist
The Bankers' Books Evidence Bill, 2026 replaces the 1891 law by recognising digital bank records, setting new rules for electronic evidence and limiting when courts can summon bank officials
Kaspersky's latest survey shows smartphones are becoming digital vaults for Indians, storing banking details, work data and AI chats, increasing cybersecurity risks
SBI plans to deepen its presence in Eastern Uttar Pradesh by expanding digital banking, MSME and farm lending, while supporting tourism and ODOP industries
With a ₹40 trillion economy in sight, Uttar Pradesh is driving banking growth through rising deposits, credit expansion, financial inclusion and infrastructure-led investment
Deputy Governor Swaminathan J says banks must design digital journeys that clearly inform customers of authorisations, with transparent terms and predictable responses
Retail bankers say AI can reshape banking, but trust, governance, explainable models, and high-quality data are essential for safe and sustainable adoption
KV Kamath says technology is reshaping money flows, shrinking banks' fee income and pushing lenders to reinvent themselves as capital markets and fintech gain ground
PSU banks are reviewing low-traffic locations, shrinking branch sizes and using AI-driven site analytics as digital adoption rises, leading to more mergers and micro branches in rural areas
After consolidation, creating a national rural bank holding company, an apex body to oversee governance, capital support, and technology integration across RRBs can be considered
RBI's NSFI 2025-30 aims to deepen financial inclusion with stronger last-mile delivery, gender-sensitive outreach, expanded BC networks, and pilots of programmable CBDC for targeted credit
