Digital Banking

Colonial-era banking evidence law to go: What the new Bill changes

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

Smartphones became digital vaults, but security failed to keep pace: Report

Kaspersky's latest survey shows smartphones are becoming digital vaults for Indians, storing banking details, work data and AI chats, increasing cybersecurity risks

Eastern Uttar Pradesh bolstering digital banking, says SBI's Kumar Anand

SBI plans to deepen its presence in Eastern Uttar Pradesh by expanding digital banking, MSME and farm lending, while supporting tourism and ODOP industries

Banks to give fillip to Uttar Pradesh's $1 trillion economy road map

With a ₹40 trillion economy in sight, Uttar Pradesh is driving banking growth through rising deposits, credit expansion, financial inclusion and infrastructure-led investment

RBI caps compensation for digital fraud victims at ₹25,000 under new norms

However, the central bank has deferred the implementation of the framework by six months, from July 1, 2026, to January 1, 2027

SBI to combine branches, digital platforms for omni-channel banking

Aspires to emerge as India's leading wealth architect, says Chairman Setty

Our demand for tech resources will fall in 3 years: Barclays India CEO & MD

Barclays India to slow tech hiring as AI-driven productivity reshapes GCC operations

Banking sector buckles up to tackle rising cybersecurity risks from Mythos

Global regulators and Indian banks race to strengthen cybersecurity as Anthropic's Claude Mythos raises fears of AI-powered systemic financial attacks

Digital banking should be clear, unambiguous: RBI deputy governor

Deputy Governor Swaminathan J says banks must design digital journeys that clearly inform customers of authorisations, with transparent terms and predictable responses

Retail banking: AI is changing the world, responsible adoption is crucial

Retail bankers say AI can reshape banking, but trust, governance, explainable models, and high-quality data are essential for safe and sustainable adoption

Banks increasingly looking towards retail customers, says K V Kamath

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

PSBs rework branch strategy to cut costs amid changing customer behaviour

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

50 years of RRBs: A story of reform and transformation in rural India

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

Indians find shield against fraud: Second bank account for daily use

UPI ease spurs second payments bank accounts for daily use; AI tools like MuleHunter.ai flag 20,000 mule accounts monthly

NSFI 2025-30: Strengthening last-mile access, improving financial services

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

Digital banking cannot be made mandatory to access other services: RBI

RBI's new digital banking rules mandate explicit customer consent, prohibit banks from forcing digital channels for accessing other services and tighten risk controls

BS BFSI Summit: Regulate now or lose out, cryptocurrency leaders tell India

Experts at the BFSI Summit urged swift digital asset regulation and an INR-backed stablecoin to stop India's crypto talent and innovation from moving overseas

AI-enabled devices redefining digital banking, say experts at BFSI Summit

Experts at the Business Standard BFSI Insight Summit say devices are fast evolving from passive tools to AI-powered platforms at the core of fintech innovation and secure digital transactions

PNB looks to achieve ₹4 trn corporate loan book in FY26: MD & CEO Chandra

The bank is also expanding digital offerings, growing its credit card base, and re-entering the West Asian market with plans to reopen its Dubai office, said Ashok Chandra

SBI processes SME digital business loans worth ₹74,434 crore since launch

Launched in FY24, the SME Digital Business Loans platform enables MSME entrepreneurs to apply online for credit requirements of up to ₹5 crore