Search For "banking"
Agentic AI transforms banks frontline sales, boosts productivity and reven
Updated : 3 months, 1 week ago IST
Agentic artificial intelligence (AI) systems are rapidly reshaping how banks manage frontline sales, offering a potential breakthrough for relationship managers long burdened by inefficient systems, weak leads, and heavy administrative workloads, noted a McKinsey report.
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RBI DG raises concerns over growing prominence of stablecoins
Updated : 3 months, 1 week ago IST
"Over time, the form of money has evolved with technology - from commodities to metal to paper to balances in deposit accounts to now, digital tokens. While the forms of money have evolved with technology, the fundamental character of money - what it represents, or what gives it credibility
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RBI to conduct Rs 50,000 crore OMO purchase on December 18
Updated : 3 months, 1 week ago IST
According to the statement, the OMO purchase will be carried out through a multi-security auction using the multiple price method. The operation will cover government securities maturing between 2029 and 2054, including 6.75% GS 2029, 6.10% GS 2031, 6.54% GS 2032, 7.18% GS 2033, 6.33% GS 203
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India's cloud data centre capacity reaches 1,280 MW, to grow 4-5 times by
Updated : 3 months, 1 week ago IST
The cloud data centre capacity in India has reached approximately 1,280 MW, largely serving critical sectors such as banking, power and other critical public infrastructure,
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HSBC India Opens New Branch In Amritsar To Support Wealth Expansion
Updated : 3 months, 1 week ago IST
New Delhi [India], December 12: HSBC India today unveiled its new branch in Amritsar, Punjab, marking a significant step in its strategic expansion across the country. This launch signifies the bank's 28th branch in India following the Reserve Bank of India's approval earlier this year to op
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Weak household savings continue to weigh on bank deposit growth: Report
Updated : 3 months, 1 week ago IST
The report flags sluggish household deposit accretion and muted growth in low-cost deposits as the key structural challenges for banks in the current cycle. While deposits have broadly grown in double digits, momentum has failed to keep pace with credit growth.
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Gujarat's Dharmaj village redefines rural prosperity with global NRI suppo
Updated : 3 months, 2 weeks ago IST
With rooftops lined with solar panels, clean and well-planned roads, and robust facilities in education, healthcare, and banking, Dharmaj reflects a level of infrastructure rarely seen in Indian villages. Almost every household here has at least one family member settled abroad, primarily
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Decision on freezing UPI payments rests with RBI, NPCI: SBI's Ashwini Kuma
Updated : 3 months, 2 weeks ago IST
State Bank of India Managing Director (Corporate Banking and Subsidiaries) Ashwini Kumar Tewari on Wednesday said the banking system in India is looking at ways and means to help customers retrieve funds in cases of fraud or inadvertent transactions, but stressed that any move to introduce a
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Kapture CX Reports Sustained Profitability, 80% YoY Growth; Eyes 2.5x Expa
Updated : 3 months, 2 weeks ago IST
Bengaluru (Karnataka) [India], December 10: Kapture CX, a leading full-stack AI-driven enterprise-customer experience platform, today announced its sustained profitability, along with strong 80% year-over-year growth. Supported by major new wins from mainstream banking and fintech clients, t
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RBI plans long-term USD/INR swap to boost liquidity
Updated : 3 months, 2 weeks ago IST
The Reserve Bank of India is set to inject liquidity into the banking system through a long-term USD/INR Buy/Sell Swap auction, marking a key move to ease financial conditions at a time when liquidity needs closer attention. According to an RBI press release on Monday, the central bank will
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Symbiosis School of Banking and Finance Hosts Analyst Meet 2025 on "The Gr
Updated : 3 months, 2 weeks ago IST
Pune (Maharashtra) [India], December 5: Symbiosis School of Banking and Finance (SSBF), under Symbiosis International (Deemed University), successfully organized Analyst Meet 2025 on 22nd November, 2025. Organized at the SIU Convention Centre by the Equity Research Cell of SSBF, the Meet tra
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RBI to study SEBI proposal on banks' foray into non-Agri derivatives: Gove
Updated : 3 months, 2 weeks ago IST
Reserve Bank of India Governor Sanjay Malhotra on Friday said the central bank will study the pros and cons of the markets regulator Securities and Exchange Board of India's (SEBI) proposal that observed that the banks be allowed to foray into non-agricultural derivatives.
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