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Heavy reliance on AI could lead to concentration risks in the financial se
Updated : 1 year, 5 months ago IST
The Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday cautioned that heavy reliance on artificial intelligence (AI) could lead to concentration risks in the financial sector.
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"Congress has given preference to Muslims for votes," says Union Minister
Updated : 1 year, 5 months ago IST
Launching a scathing attack against the Congress party, Union Minister Kiren Rijiju on Sunday said that they (Congress) have used Muslims as their vote bank and that BJP is trying to rectify the mistakes committed by the Congress.
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RBI directs payment service providers to enhance accessibility for persons
Updated : 1 year, 5 months ago IST
With digital payment systems becoming increasingly popular among all segments of the population, including differently-abled individuals, the RBI's latest guidelines urge payment system participants (PSPs)--comprising banks and authorized non-bank payment providers--to review and modify thei
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Rising deposit costs will exert pressure on NIM of banks in Q2 FY25: Repor
Updated : 1 year, 5 months ago IST
Most banks are set to hold steady on a sequential basis in terms of net interest margin (NIM), although a few may witness a slight decline.
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EU expresses concerns on Israeli draft bill to stop UNRWA operations in oc
Updated : 1 year, 5 months ago IST
The European Union has expressed its grave concern about the draft bill on UNRWA currently discussed in the Israeli parliament.
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UAE participates in second meeting of BRICS Finance Ministers and Central
Updated : 1 year, 5 months ago IST
The UAE, represented by the Ministry of Finance and the Central Bank, took part in the second BRICS Finance Ministers and Central Bank Governors meeting recently held in Moscow.
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Multiple rocket launches identified from Lebanon since Yom Kippur fast beg
Updated : 1 year, 5 months ago IST
Two UAVs were identified crossing from Lebanon into central Israel, according to IDF.
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India's foreign exchange reserves see USD 3.7 billion dip after scaling al
Updated : 1 year, 5 months ago IST
India's foreign exchange reserves dipped USD 3.7 billion to USD 701.18 billion as of October 4 after scaling all-time high, according to data released by Reserve Bank of India on Friday
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Secure your devices with comprehensive mobile cover plans
Updated : 1 year, 5 months ago IST
New Delhi [India], October 11: In today's fast-paced world, mobile devices have become an indispensable part of our lives. From communication and entertainment to banking and shopping, we rely heavily on our smartphones for daily tasks. However, with increased usage, the risk of damage, thef
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Deposit growth will soon outweigh credit growth: SBI Research
Updated : 1 year, 5 months ago IST
"Interestingly the yearly gap between credit and deposit growth has narrowed down to 150 bps during the latest fortnight which is lowest since 6 May'22. This indicates that deposit growth will soon outweigh credit growth." said the report.
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Israel army says Palestinian Islamic Jihad head killed in airstrike in Wes
Updated : 1 year, 5 months ago IST
The Israel Defence Forces (IDF) said that Muhammad Abdullah was made the head of the Iran-backed terror group in the Tulkarem-area camp after his predecessor Muhhamad Jabber was killed in a gunbattle in August.
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ED attaches properties worth Rs 3.4 cr in J-K Grameen Bank fraud case
Updated : 1 year, 5 months ago IST
The Directorate of Enforcement (ED) in Srinagar has provisionally attached six immovable properties worth approximately Rs. 3.40 crore in connection with the Jammu and Kashmir Grameen Bank (JKGB) fraud case.
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