The role of artificial intelligence (AI) is expanding in retail banking, however, speaking at the Business Standard's BFSI Summit 2025 on Wednesday, banking heads urged to exercise caution. "Artificial Intelligence (AI) is helping bankers to identify the patterns. But it should be used responsibly; otherwise, it can create bias", said Virat Diwanji, National Head - Consumer Banking, Federal Bank.

The role of artificial intelligence (AI) is expanding in retail banking, however, speaking at the Business Standard's BFSI Summit 2025 on Wednesday, banking heads urged to exercise caution.

Impact of Tech & AI On Retail Banking - Pros and Cons | BFSI Summit 2025 | Business news

Impact of Tech & AI On Retail Banking – Pros and Cons | BFSI Summit 2025 | Business news

A government agency is expected to formally open the bidding process as soon as this month, in what could be the biggest state-backed disposal of a bank stake in decades

Bloomberg

On Thursday, 73 flights were cancelled at Bengaluru airport, its spokesperson said. Around 30 were cancelled in Delhi, and 68 in Hyderabad, and 85 IndiGo flight cancellations were planned for Mumbai

Reuters

The latest reshuffle follows the departure last month of Chief Operating Officer Jeff Williams, long the No 2 to Chief Executive Officer Tim Cook

Apple Watch in India gets Hypertension Notifications. Realme P4x 5G launch. Apple releases iOS 26.2 RC for iPhones. Elden Ring Nightreign's DLC. Spotify Wrapped 2025. Samsung Exynos 2600

Business Standard

Simone Tata, the mother of Tata Trusts chairman Noel Tata, died at a city hospital on Friday after a brief illness.
Simone Tata, the stepmother of the late Ratan Tata, was 95.
Simone Tata was associated both with business ventures and philanthropic activities, a statement said.
"She will always be remembered for her contribution to the growth of Lakm as India's leading cosmetic brand and laying the foundation for fashion retail with the Westside chain," the statement added.
The Switzerland-born Simone also guided the work of many philanthropic organisations, including the Sir Ratan Tata Institute, it said.
A positive outlook and a deep resolve helped Simone overcome many challenges in her life, it said.
Last respects to Simone can be paid on Saturday morning at the Cathedral of the Holy Name Church in Colaba, followed by a mass at 11 am, the statement said.

Last respects to Simone can be paid on Saturday morning at the Cathedral of the Holy Name Church in Colaba, followed by a mass at 11 am

Press Trust of India

Highlighting India's approach to foreign policy, Tharoor said New Delhi maintains strategic autonomy and independent bilateral ties

Healthcare industry body NATHEALTH has asked the government to increase public spending on healthcare to over 2.5 per cent of GDP with urgent action to tackle non-communicable diseases, including tax deductions of up to Rs 10,000 on individuals for preventive health check-ups.
In its pre-Budget recommendations to the government, NATHEALTH said it outlined a roadmap to strengthen healthcare delivery, foster innovation, and expand insurance and preventive coverage.
The recommendations call for a balanced mix of fiscal support, structural reforms, and public-private collaboration to build a robust, future-ready health system, it said in a statement.
In its recommendations, NATHEALTH asked the sector to be declared 'core infrastructure' and create a healthcare infrastructure fund of Rs 50,000 crore, saying currently there is limited access to long-term, lower-cost capital for hospitals and diagnostic networks.
New projects have long gestational periods requiring flexible mid-term ...

In its pre-Budget recommendations to the government, NATHEALTH said it outlined a roadmap to strengthen healthcare delivery, foster innovation, and expand insurance and preventive coverage

Russia-Ukraine War

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Google Messages

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Blend launches Blend Studio: AI tool for ecommerce photography

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Celebrity and Travel Photographer Rahul Lokare from Flamingo Productions creates waves of change in the world of photography.

Xiaomi 13 Pro

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Impact of Tech & AI On Retail Banking – Pros and Cons | BFSI Summit 2025 | Business news

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