Search For "bank"
RBI to Introduce same day cheque credit system from Oct 4; within 3 hours
Updated : 7 months, 1 week ago IST
According to the RBI's directive, issued on Wednesday to banks participating in the Cheque Truncation System (CTS) and the National Payments Corporation of India (NPCI), the new system will ensure that cheque processing, confirmation, and settlement take place in near real-time, significantl
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Generative AI set to improve banking operations in India by 46%: RBI Repor
Updated : 7 months, 1 week ago IST
Generative Artificial Intelligence (AI) has the potential to improve banking operations in India by up to 46 per cent, according to a report by the Reserve Bank of India (RBI).
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Credit-to-Deposit ratio in banks remain below 80% as demand in credit slow
Updated : 7 months, 1 week ago IST
The credit-to-deposit ratio in Indian banks has stayed below 80 per cent as credit offtake in the country continues to lag, according to a report by CareEdge Ratings.
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'Devi Chowdhurani' teaser: Prosenjit Chatterjee, Srabanti Chatterjee star
Updated : 7 months, 1 week ago IST
Actor Prosenjit Chatterjee is all set to lead Bengal's rebel saga, 'Devi Chowdhurani' as Bhavani Pathak. The makers of Subhrajit Mitra's directorial film unveiled the teaser today, giving an insight into the timeless tale of courage, justice, and rebellion against oppression.
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Perfios Launches CAM AI, Powers 85% Faster Underwriting
Updated : 7 months, 1 week ago IST
Bengaluru (Karnataka) [India], August 13: Perfios.ai, India's leading B2B SaaS TechFin, has unveiled CAM AI, an AI-powered credit underwriting platform that is transforming lending operations across banks and NBFCs globally. Tailored for complex credit assessment, CAM AI reduces underwriting
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Aggressive competition from PSBs will be a risk for prolonged slower growt
Updated : 7 months, 1 week ago IST
Aggressive competition from Public Sector Banks (PSBs) poses a significant risk of prolonged slower growth for Private Sector Banks (PVBs), according to a report by Bernstein.
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slice brings UPI-powered bank branch and ATM to Gurugram
Updated : 7 months, 1 week ago IST
Gurugram (Haryana) [India], August 13: slice, which aims to build India's most loved bank, today unveiled its second UPI-powered physical branch in Gurugram, bringing its technology-forward banking philosophy to northern India. The launch follows the groundbreaking debut of India's first UPI
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IBC Amendment Bill 2025, has provisions for faster and efficient resolutio
Updated : 7 months, 1 week ago IST
Finance Minister Nirmala Sitharaman on Tuesday introduced the Insolvency and Bankruptcy Code (Amendment) Bill, 2025 in the Lok Sabha, aiming to reduce delays and strengthen governance of the insolvency resolution process.
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RBI allows investment of surplus rupee balances in special vostro accounts
Updated : 7 months, 1 week ago IST
The Reserve Bank of India (RBI) has permitted persons resident outside India holding Special Rupee Vostro Accounts (SRVAs) to invest their surplus rupee balances in central government securities, including treasury bills
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J-K: NSS units of SHMM Govt Degree College conduct cleanliness drive along
Updated : 7 months, 1 week ago IST
In a commendable display of civic responsibility, the National Service Scheme (NSS) units of SHMM Government Degree College, Anantnag, conducted a cleanliness drive along the banks of the Lidder River at Aang Matipora in Anantnag on Tuesday.
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RBI rate cut in October MPC meeting looks unlikely as inflation set to ris
Updated : 7 months, 1 week ago IST
The Reserve Bank of India (RBI) is unlikely to cut interest rates in its October policy meeting, as inflation in August 2025 is expected to rise above 2 per cent, according to a report by the State Bank of India (SBI).
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Global economy in major problem if Russian oil exports disrupt, India's im
Updated : 7 months, 1 week ago IST
If Russian oil exports were to be disrupted, it could create a major problem for the global economy, however, for India, the impact is expected to be limited, according to a report by Bank of Baroda
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