However, before large-scale adoption, companies need to address challenges around AI governance, infrastructure, and security

Indian banks and financial firms are increasingly using AI for critical tasks like fraud prevention and decision-making. While early adopte...

As Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar ...

Sahamati, the NBFC-Account Aggregator body, has raised Rs 50 crore from major banks, asset management companies, stockbrokers, and fintechs...

IDFC First Bank is likely to report a weak Q4FY26 with PAT expected to decline sharply due to a deposit fraud impact, despite steady loan g...

A 26-year-old ICICI Bank relationship manager in Kota, Rajasthan, was arrested for stealing Rs 4.58 crore from customers, including senior ...

An ICICI Bank relationship manager in Kota allegedly siphoned off Rs 4.58 crore from over 110 customer accounts between 2020 and 2023, losi...

ICICI Bank has alerted customers about parcel fraud scams involving fake calls from supposed Customs or Police officials. Scammers claim th...

Bank frauds: SBI recently issued a warning about a scam involving the distribution of an Android Application Package (APK) to users under t...

A Gurgaon woman accuses an ICICI Bank manager, reported by BBC, of embezzling Rs 16 crore from her life savings. The manager created fake a...

ICICI Bank Scam: Branch manager of ICICI Bank Dhariyawad branch in Rajasthan's Pratapgarh district used unsuspecting deposit holder's money...

The case is related to the alleged irregularities and corrupt practices in the sanction of a Rs 1,875 crore loan disbursed by ICICI Bank to...

ICICI Bank issued an email to its customers to highlight a new kind of financial fraud that is becoming more widespread. Bank scammers alle...

Directions issued by the RBI to banks, and the government instituted wide-ranging structural and procedural reforms have helped check fraud...

In recent times, several public lenders have got embroiled in scams, denting investor confidence.

The other banks which reported large number of frauds to the apex bank during the period include Axis Bank (189), Bank of Baroda (176) and ...

All top credit card issuers—ICICI Bank, HDFC Bank, Citibank, SBI Cards and Axis Bank—have been affected by these frauds.