Bengaluru (Karnataka) [India], June 9: actyv.ai, a leading AI-powered enterprise SaaS platform with embedded B2B BNPL and insurance offerings, has congratulated its partner South Indian Bank for winning the prestigious Digital CX Awards in Singapore recently. The Awards, instituted by Singap
Deputy Governor at the Reserve Bank of India, Rajeshwar Rao, said time is right to address the gaps in governance frameworks in banks as the overall banking sector in India at the moment is sound, resilient, and financially healthy.
Indian banking system is better positioned to tackle rising interest rates and the impact of the ongoing US banking turmoil on Indian lending conditions is expected to be limited, according to Crisil.
The lender said its operating expenses surged 12.97 per cent to Rs 3,639.93 crore in the reviewed quarter, against Rs 3,221.85 crore in the corresponding period the previous year, according to a statement shared with exchanges on Monday.
"As for the rupees this is a problem because we accumulated billions of rupees in accounts in the Indian banks and we need to use this money", said the Russian Foreign Minister during a media briefing here.
A resilient bank needs to be financially, operationally and organisationally resilient and should have adequate capital buffers to be able to generate earnings even in times of severe macroeconomic shocks, said Reserve Bank of India governor Shaktikanta Das, adding that it has started loo
The Reserve Bank of India Governor Shaktikanta Das on Thursday said the Indian banking system has remained resilient and has not been affected adversely by the recent crisis seen in the banking system in some advanced economies.
The collapse of a few regional banks in the US, which started with Silicon Valley Bank, and the takeover of the crisis-hit Credit Suisse Bank by the Union Bank of Switzerland (UBS) have sent ripples across the global banking industry and posed fears of a contagion effect across economies.
In order to facilitate cross-country transactions, Sonali Bank and Eastern Bank will open accounts in the State Bank of India and ICICI Bank. The two Indian banks will also open similar accounts in the two Bangladeshi banks, as per the news report.
Hyderabad (Telangana) [India], March 28 (ANI/PRNewswire): KPG Roofings, the largest roof tile brand in India, has opened their first showroom in Hyderabad and 40th showroom across the country. The showroom was inaugurated jointly by Rajeel KP (Director of KPG Roofings), Sajeev Kumar (MD of G
Analysis of insured customer deposits across multiple geographies initiated in the wake of bank runs across developed economies reveal US's top 10 banks deposits are insured in the range of 38.4-66 per cent, according to a research titled, Ecowrap, of the State Bank of India's Economic Resea