The number of GCCs in India has increased exponentially to more than 1,700 in FY24, up from 1,430 in FY19
On a monthly basis, the growth rate in the production of these sectors was lower than the 4.4 per cent expansion recorded in November 2024
The survey noted that India's external debt has remained stable over the past few years
This move underscores the growing adoption of AI within the domestic legal industry
State may resort to taxation of profits generated from replacement of labour with tech
To prevent fraud, we need better know-your-customer (KYC) processes
One major benefit of becoming a universal bank is that public perception will change
The economy is very strong and on sound footing and we, as banks, typically mirror the economy
More important is customer service, like these days, digital banking, mobile banking, our internet banking, how these are synchronised
The new generation requires speed, convenience, completeness of transactions, and continuous support
NBFCs can assess a customer differently and provide a credit solution that differentiates them from banking (companies)
The fintech industry players attend a panel discussion at the Business Standard BFSI Insight Summit 2024
RBI's punitive actions over the last year have encompassed both banks and non-banks
The chiefs of leading banks attend a panel discussion on 'Banking on Technology' at the Business Standard BFSI Insight Summit 2024
"It is important how you absorb acquisitions and make them successful. We care about the kind of firms we acquire, and how we integrate them with the mothership"
"It is important how you absorb acquisitions and make them successful. We care about the kind of firms we acquire, and how we integrate them with the mothership"
"There are significant upside risks to inflation from geopolitical conflicts, geoeconomic fragmentation, climate-related concerns, and commodity prices going up"
Small-value frauds are the traditional phishing-based scams where people willingly give away their credentials or an account takeover
"I think there is some sort of abuse of technology that is happening (by loan apps) and as a result, there is laxity in the whole process of lending"
India's growth requires foreign capital, which can come via FDI and supply chain diversification