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IBA CHAIRMAN
Beware! Finance Secretary Nagaraju warns banks about risk from MythosIndian financial authorities are alerting banks to the significant risks from advanced AI models. Secretary M Nagaraju highlighted the pote...- FM Nirmala Sitharaman flags AI cyber threat, asks banks to actFinance Minister Nirmala Sitharaman has directed the Indian Banks' Association to help banks combat emerging cybersecurity threats from Ant...
- Govt forms panel under SBI chief C S Setty to assess Mythos-related risksUnion Finance Minister Nirmala Sitharaman announced a panel led by SBI Chairman C S Setty to assess risks from AI platform Mythos and devis...
- FM Sitharaman says Indian banks must build new defences as AI threats grow, West Asia crisis watched closelyIndian banks face new artificial intelligence cyber threats. Finance Minister Nirmala Sitharaman urged a proactive approach. Banks will col...
- Consumption sustaining growth; predictable support essential for GDP expansion: FMUnion Finance Minister Nirmala Sitharaman highlighted that domestic consumption is driving India's economic growth, emphasizing the need fo...
- Indian Banks' Association forms panel to select new CEO. Who's the front runner?The Indian Banks' Association is seeking a new CEO following the retirement of Sunil Mehta in September 2024. A three-member search committ...
- Central Bank MD M V Rao elected IBA chairmanCentral Bank of India's MV Rao elected chairman of the Indian Banks' Association (IBA). State Bank of India's Dinesh Kumar Khara, Indian Ba...
- UCO Bank CEO Atul Kumar Goel appointed chairman of Indian Banks' AssociationLast month, Goel was shortlisted by the Banks Board Bureau (BBB) to take over as Punjab National Bank (PNB) CEO from January 2022.In the ma...
- Finance Ministry asks IBA to play pivotal role in resurgence of economy"At this juncture I would urge the IBA Chairman to scout for good competent resources and technology adoption for capitalisation. IBA shoul...
- IBA revises performance-linked scheme, hikes wages to 12.25%, unions reject offerUnder the scheme, the bankers' body has offered to pay 14 extra days of salary for staff of lenders that show a 10-15% increase in operatin...
- ICICI Bank appoints former Bank of Baroda boss as a directorMallya was also engaged extensively with the government as Indian Banks’ Association or IBA chairman.
- Usha Ananthasubramanian becomes first woman chairman of IBABefore this, she was deputy chairman and Jatinder Bir Singh, chairman and managing director of Punjab & Sind Bank, was the chairman of the ...
- Master mediclaim policy for bank employees to be issued through IBA by month-endAll state-run general insurers are likely to issue a master mediclaim policy for bank employees through IBA by this month end.
- RBI caps third-party ATM withdrawalsRBI has said not more than Rs 10,000 can be withdrawn each time third-party ATM transactions are used and limited the number of such transa...
- Deadlock continues on bank hikesThe managements of state-owned banks have offered to hike wages by 15%, but the employees’ unions want a revision of at least 17.5%.
- M V Nair takes over as IBA Deputy ChairmanIndian Banks' Association named M V Nair as its Deputy Chairman.
- PSBs may waive pre-payment penalty on home loansPublic sector banks (PSB) are considering a suggestion to waive pre-payment penalty for home loans up to Rs 20 lakh. Realty: Good news on i...
- Pre-payment penalty on home loans may goCash-rich borrowers of state-run banks could soon be able to repay their home loans either in part or full without facing any penalty.
- Bankers ask govt to allow Islamic Banking in IndiaInternational and domestic banks led by Indian Banks Association (IBA) on Wednesday pitched for allowing Islamic banking, estimated at over...
- Canara Bank CMD elected IBA ChairmanThe Indian Banks' Association has selected Canara Bank Chairman and Managing Director M B N Rao as its Chairman for 2007-08.
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