Searched for
FINANCIAL INSTITUTIONS
Fintechs must treat data as fiduciary duty, not business asset, says RBI Governor Sanjay MalhotraMumbai fintechs must treat user data as a fiduciary responsibility, not a business asset. RBI governor Sanjay Malhotra stressed trust is ke...- 'Fintechs must treat data as fiduciary duty, not business asset,' says RBI Governor Sanjay MalhotraReserve Bank of India governor Sanjay Malhotra stressed data fiduciary responsibility for fintechs. He stated that user data must be treate...
- CBI searches 12 locations in Bengaluru, Mumbai, Pune over builder-financial institution nexusThe CBI has registered five new criminal cases against builders and financial institutions. These cases stem from alleged links that defrau...
- ‘99% accuracy is not enough’: SBI chairman lays out three rules for trusted AIFinancial institutions must build trust into agentic AI systems from the outset. These systems require 100% accuracy and consistent perform...
- RBI Deputy Governor Rohit Jain flags speed, concentration and opacity as fintech risks; says technology must serve customersRBI Deputy Governor Rohit Jain warned financial institutions and fintech firms that rapid adoption of emerging technologies brings risks ar...
- BFSI moves beyond AI pilots as firms chase measurable business value: ReportIndian financial institutions are deploying artificial intelligence across many operational areas. These deployments show productivity gain...
- GFF 2026: RBI flags speed, concentration, opacity as key risks as AI use grows in financeReserve Bank of India Deputy Governor Rohit Jain addressed emerging technology risks. He noted speed, concentration, and opacity as key con...
- GFF 2026: India’s AI advantage could be cost, not just capability, says Sarvam AI CEOIndia's AI advantage centers on deploying technology affordably for its vast population. The nation aims to lead in AI adoption and develop...
- Mumbai set to hold 68% of India's data centre capacity by 2030Mumbai's data centre capacity will reach sixty-eight percent by 2030. This expansion reflects sustained demand from financial institutions ...
- IDFC FIRST Bank earns international credit rating, marking a step towards global financial marketsIDFC FIRST Bank has been awarded a BBB- Long-Term and A-3 Short-Term credit rating, underscoring its strong capital position and operationa...
- Your bank account could one day become an AI agent: Perfios Group CEO Nitin ChughBank accounts may soon act as AI agents, understanding finances and offering recommendations. These agents could coordinate, make decisions...
- BRICS by BRICS: India's journey from seeking reforms to shaping global orderIndia's BRICS engagement has shifted from seeking a voice to offering indigenous solutions. The nation now actively shapes global order wit...
- US targets Iran’s aviation sector with sanctions on 27 airlines and foreign firmsThe US Treasury sanctioned 27 Iranian airlines and related foreign firms to curb weapons transport and technology access. Meanwhile, Irania...
- ARCIL IPO: Goldman Sachs, BofA among investors in Rs 220 crore anchor roundAsset Reconstruction Company India has raised Rs 220 crore from anchor investors ahead of its IPO, which opens on September 9. The company ...
- Blue Machines AI unveils speech-to-text model built for India's BFSI sectorBlue Machines AI has launched Aurora, a new speech-to-text model for Indian financial services. This model is designed for real-time multil...
- Funding skew deepens in microfinanceLarge microfinance companies received 98.1% of sector funding in Q1. This funding concentration reflects financiers playing safer during un...
- AIFs seek status quo as 'foreign control' rules go for a recastLocal alternative investment funds have warned regulators about proposed changes. These changes could significantly impact capital inflows ...
- Finmin secures $1 billion IFC funding for MSMEs; $500 million already released to SidbiIndia secured one billion dollars from the International Finance Corporation for banks. This funding will provide long-term credit to small...
- Financial institutions confront a new operating reality as markets become more continuousThe evolution of financial markets is shifting towards a digital and continuous landscape, compelling institutions to recalibrate their str...
- Japanese financial institutions flag currency fluctuationsJapanese financial institutions noted currency fluctuations and policy issues affecting investment decisions. They expressed confidence in ...
Load More
