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Digital lending platform Fibe gets Sebi nod to launch IPOSocial Worth Technologies, the parent company of Fibe, has obtained the necessary approval from Sebi for its initial public offering. The v...
Global Market: China’s AI boom lifts factory output as property slump deepensChina's industrial output accelerated in August, supported by strong demand for AI-related technology and advanced manufacturing. However, ...
Stock-picking, multi-manager hedge funds attract more capital from investors in 2026, BofA saysHedge funds are witnessing an unexpected surge in capital, breaking a three-year trend of stagnation. Investors are gravitating towards hed...
- Expert calls for human accountability in AI-led banking at Global Fintech Fest
"AI can automate decisions; but accountability cannot be automated," Krishnakumar said.
BlackRock private credit fund sees redemption pressure ease in third quarterBlackRock's flagship private credit fund saw lower redemption requests in the third quarter, signalling that pressure in the sector may be ...
GFF 2026: Digital finance has scaled, now trust and resilience must catch up, says RBI’s Deputy Governor MurmuIndia's digital finance sector now prioritizes trust and resilience over access. Technology transforms finance, but trust remains the essen...
New-age industries fuelling India's capex cycle, says SBI chiefCorporate spending on infrastructure projects is increasing across India. New sectors like data centers and green hydrogen are driving cred...
Centralised interoperable digital layer can help bridge Rs 60 lakh crore MSME credit gap: ReportIndia's MSME sector faces a significant formal credit gap, with existing channels meeting limited debt demand. A new digital layer can conn...
'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...
Global Fintech Fest: Kissht’s Next Phase of Growth Means Becoming a Broader Financial-Services Company, Not Just a LenderA customer base of more than 12 million, rapidly diversifying product suite, and AI integration at enterprise scale perfectly positions dig...
Avisirah Technologies’ Navi Mumbai AI data centre gets ₹75 crore funding from Syndicate FinanceAvisirah Technologies has successfully secured a ₹75 crore loan to bolster its data centre in Navi Mumbai. This recent funding follows an e...
GFF 2026: SBI sees FCNR liquidity deployment taking 3-4 months, eyes agentic AI for bankingState Bank of India anticipates deploying foreign currency deposits over three months. The bank is enhancing artificial intelligence adopti...
GFF 2026: After KYC, SBI chief flags ‘Know Your Agent’ as AI enters bankingAgentic AI's growing use in finance necessitates new checks beyond customer identification. Banks may develop a 'Know Your Agent' framework...
‘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...
FCNR boost for bank credit growth may be temporary, says Axis CEO Amitabh ChaudhryRecent foreign currency deposits could provide a short-term uplift to the growth patterns in bank lending. With the narrowing of differenti...
GFF 2026: Axis Bank CEO Amitabh Chaudhry sees credit growth slowing to 15-16%, flags rate hike riskAxis Bank CEO Amitabh Chaudhry expects India’s bank credit growth to moderate to 15-16% this year from the current 18-19%, partly due to th...
India's retail credit market shifts to rural, GenZ borrowers via digital platformsYounger consumers and rural households are driving India's retail credit market growth. These aspirational borrowers now account for most n...
Paytm shares jump 5% as workplace AI push gains tractionPaytm shares surged on Wednesday, as investors welcomed the company’s push into enterprise AI, marking an expansion beyond its core payment...
Rupee ends flat, hemmed in by RBI intervention, oil pangsThe Indian rupee remained steady on Monday, supported by central bank intervention. Rising oil prices and concerns over energy flows also i...
NBFCs must use AI, strengthen underwriting as credit growth accelerates: RBI Deputy Governor MurmuReserve Bank of India Deputy Governor S C Murmu urged NBFCs to use AI and machine learning tools. He emphasized stronger risk management an...