Search For "bank"
Newgen Launches LumYn, Gen AI-Powered hyper-personalization platform for b
Updated : 1 year, 10 months ago IST
Newgen Software, a global provider of low-code digital transformation platforms, has announced the launch of LumYn, a Gen AI-powered hyper-personalization platform designed specifically for the banking sector.
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RBI imposes business restrictions on ECL Finance Limited, Edelweiss Asset
Updated : 1 year, 10 months ago IST
This decisive action comes in response to supervisory concerns identified during recent examinations, as per RBI release.
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Union Bank of India modernises risk management with SAS
Updated : 1 year, 10 months ago IST
New Delhi [India], May 29: Union Bank of India, a premier public sector bank in the country, has successfully modernised its risk management systems by implementing SAS solutions to enhance and streamline the Bank's risk operations and reporting through advanced model risk management solutio
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Large Indian banks are expected to improve their asset quality in the curr
Updated : 1 year, 10 months ago IST
The cumulative nonperforming loans (NPLs) of India's three largest private and three largest public banks fell to 2.483 trillion Indian rupees in the 12 months ending March 31, marking an 11 per cent decrease from the previous year's Rs 2.791 trillion.
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Asset Reconstruction Companies not working as per their mandate to reconst
Updated : 1 year, 10 months ago IST
The Reserve Bank of India raised alarm on the functioning of the Asset Reconstruction Companies (ARCs) by highlighting that the ARCs not working as per their mandate to reconstruct and recover the assets
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iBind Systems and Google Cloud Collaborate to Revolutionize Corporate Bank
Updated : 1 year, 10 months ago IST
Bangalore (Karnataka) [India], May 29: iBind Systems, a fintech startup redefining on-boarding in Corporate banking, and Google Cloud (NASDAQ: GOOG) today announced a collaboration that aims to integrate iBind's cutting-edge corporate banking SaaS product with Google Cloud's robust infrastru
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HDFC Bank to stop SMS alerts for UPI transactions up to Rs 100
Updated : 1 year, 10 months ago IST
Starting June 25, HDFC Bank will stop sending SMS alerts for UPI transactions up to Rs 100.
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RBI unveils PRAVAAH portal, retail direct app, and fintech repository for
Updated : 1 year, 10 months ago IST
The PRAVAAH (Platform for Regulatory Application, Validation and Authorisation) portal will allow any individual or entity to easily apply online for various regulatory approvals, the RBI said in a notification.
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"Khata-Khat paise andar...": Rahul Gandhi in Varanasi
Updated : 1 year, 10 months ago IST
Congress leader Rahul Gandhi on Tuesday asserted that after June 5, the money will be transferred to the bank accounts of poor women if the INDIA bloc wins the Lok Sabha elections.
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"TMC promotes a corrupt ecosystem": PM Modi in Jadavpur
Updated : 1 year, 10 months ago IST
Prime Minister Narendra Modi slammed the Trinamool Congress government in West Bengal and claimed it has "no relation with good governance" while alleging that Mamata Banerjee government is promoting a "corrupt ecosystem" with its politics revolving around "vote bank politics."
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Projected recovery in global economy will boost India's growth; FY24 GDP l
Updated : 1 year, 10 months ago IST
Despite the challenges faced by the global economy, including geopolitical tensions and extreme weather events, global growth remains resilient, supported by easing inflationary pressures and strong employment conditions.
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UAE: MoHAP launches 'Easy Payment Initiative' for customers
Updated : 1 year, 10 months ago IST
The Ministry of Health and Prevention (MoHAP) has launched an "Easy Payment Initiative", allowing customers to pay for Ministry services in installments using credit cards issued by eight local banks. The new initiative aims to offer customers greater financial flexibility and convenience by
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