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ARTIFICIAL INTELLIGENCE IN BANKING
ETtech Deals Digest: Udaan, Emergent deals lift weekly funding to $346 million, up 332% on-yearIndian startups secured $346.2 million across 20 funding rounds. Udaan and Emergent led the funding with substantial large-stage deals. Lat...
US Stock Market: Wall Street investment banking revival gains momentum as IPOs, M&A fuel deal boomWall Street's investment banking recovery is gathering momentum, driven by a rebound in IPOs, M&A deals and corporate debt issuance. The si...
TCS and Google Cloud launch Gemini Experience Center in KolkataTata Consultancy Services and Google Cloud have opened a new Gemini Experience Center in Kolkata. This facility will help consumer business...
Global growth set to slow to 2.5% and India 'will lose a step too': Moody's AnalyticsMoody's Analytics expects global growth to slow to 2.5% in 2026, saying India too "will lose a step" amid a broader moderation in activity....
US Stock Market: Fed Chair Warsh keeps rate path unclear as policymakers differ on inflation outlookFederal Reserve Chairman Kevin Warsh prefers less market signaling on monetary policy. He emphasizes evaluating economic data before adjust...
Tech Mahindra Q1 Preview: Will the IT company surprise investors with its earnings?Tech Mahindra is expected to post modest June-quarter revenue growth, led by continued strength in its telecom business, while margins are ...
Global Market: BoE governor calls for balanced banking rules, rejects deregulation pushBank of England Governor Andrew Bailey pushed back against broad calls for deregulation, arguing that effective financial rules are essenti...
7,700 jobs down: India’s top private banks’ workforce reduce as tech wonder gets busyIndia's largest private banks are reducing staff numbers. This shift reflects increased automation and artificial intelligence adoption. Te...
US Stock Market: Citigroup shares slide after upbeat results fail to ease worries over higher costsCitigroup reported strong second-quarter earnings, driven by trading and investment banking revenues. The bank's net income jumped 45%, sur...
RBI governor meets bank CEOs to discuss AI, geopolitics and ECL guidelinesCentral bank governor Sanjay Malhotra met bank chief executives on Tuesday. Geopolitical complexities and artificial intelligence were key ...
Data center firm Switch taps banks for IPO that could value it up to $80 billionData center operator Switch is preparing for a significant initial public offering. This offering could potentially raise up to ten billion...
Government offers free AI course with certificate under IndiaAI Mission; check how to apply, direct link, eligibility and moreMeitY offers a free YUVA AI course through government platforms. This initiative aims to provide basic artificial intelligence knowledge to...
Canada regulator cited Anthropic's Claude Mythos in warning to banks on cyber risks, email showsThe regulator, the Office of the Superintendent of Financial Institutions, sent the email to chief technology officers, chief information s...
US Stock Market: Fed Chair Kevin Warsh unveils expert panels to overhaul US Central Bank policy frameworkFederal Reserve Chairman Kevin Warsh announced a comprehensive review of monetary policy. Five taskforces comprising prominent economists w...
HDFC Bank shares drop 2%. What lies ahead as lender set to announce Q1 earnings this week?HDFC Bank shares dropped on Monday ahead of its Q1 FY27 earnings this week, erasing around Rs 21,500 crore in market value. While the lende...
US Stock Market: Inflation gathers pace as tariffs, energy costs and AI investment lift price pressures, says FedU.S. inflation accelerated during spring due to tariffs and rising energy costs. The Federal Reserve's report shows inflation remains signi...
Tripura signs Google, Salesforce MoUs at business conclaveTripura hosted the Destination Tripura Business Conclave 2026, attracting significant investor interest. The state signed forty-three MoUs ...
Raghuram Rajan, Microsoft's Asha Sharma among Indian-origin appointees to US Fed review panelsUS Federal Reserve appointed Indian-origin experts for policy review. Raghuram Rajan and Raj Chetty will join task forces. Asha Sharma will...
Kotak Mahindra Bank to pursue acquisitions alongside organic growthKotak Mahindra Bank plans to pursue acquisitions and organic growth. The bank recently acquired Deutsche Bank's retail portfolio in India. ...
Rinki Singh and Bhartendu Shandilya position Digizene for next phase after pre-seed roundDigizene announced its Pre-Seed funding round with investment from Arun Kar. Kar also joined the company as a co-founder, bringing global e...