Financial institutions must invest in digital infrastructure and adopt a data-driven, customer-centric approach to remain competitive in the evolving financial landscape, said M. Rajeshwar Rao, Deputy Governor of the Reserve Bank of India (RBI).
NIMs at the six largest private and state-owned banks have been under stress as deposit rates caught up with lending rates over the past few quarters. However, strong credit demand has helped these banks maintain growth.
Prime Minister Benjamin Netanyahu ordered Israel's military to conduct operations in the occupied West Bank after three empty buses exploded in a suspected terror attack near Tel Aviv on Thursday
Amaravati (Andhra Pradesh) [India], February 21: Marking a significant stride towards expanding academic offerings and equipping students with the skills required for the evolving business landscape, The Paari School of Business at SRM University-AP has launched two new specialisations for i
India's banking sector saw a mixed performance in the third quarter, with net interest income (NII) growing 6 per cent year-on-year (YoY), core pre-provision operating profit (PPOP) rising 13 per cent, and adjusted profit after tax (PAT) increasing by 7 per cent. While earnings expectations
New Delhi [India], February 21: Digital lending has made home loan apps easier and potentially more time-saving. Today, financial institutions and banks usually handle the critical personal and financial data of the applicant through a home loan app. However, this raises data privacy concern
After attending the evening aarti on the banks of the Yamuna here on Thursday evening, Delhi Chief Minister Rekha Gupta said that the resolution of making the Yamuna clean got recalled and it will be the priority of the Delhi government.
Actress and singer Janelle Monae is set to star in and produce the Universal Pictures adaptation of Tanya Smith's heist memoir 'Never Saw Me Coming: How I Outsmarted the FBI and the Entire Banking System--and Pocketed $40 Million'.
Bankura (West Bengal) [India], February 20: Spinal disorders are a significant health concern worldwide, affecting people across different age groups, with the most common issue being low back pain which impacts 60% of men and 80% of women, particularly those aged 50+ years. Spinal stenos
Indian companies showed a strong recovery in the October-December quarter (Q3FY25) after two consecutive quarters of negative EBITDA growth, says a report by the State Bank of India (SBI).
High-frequency indicators point towards a sequential pick-up in the momentum of economic activity during the second half of 2024-25, which is likely to sustain moving forward, RBI said on Wednesday in its monthly bulletin.
Dubai [UAE]/ Mumbai (Maharashtra) [India], February 19: Federal Bank, one of India's leading private sector banks, unveiled a new NR Savings account variant - Prospera. The Prospera NRE Savings Account offers an impressive suite of benefits designed for the emerging affluent NRI segment whic