"AI can automate decisions; but accountability cannot be automated," Krishnakumar said.

BlackRock's flagship private credit fund saw lower redemption requests in the third quarter, signalling that pressure in the sector may be ...

India's digital finance sector now prioritizes trust and resilience over access. Technology transforms finance, but trust remains the essen...

Corporate spending on infrastructure projects is increasing across India. New sectors like data centers and green hydrogen are driving cred...

India's MSME sector faces a significant formal credit gap, with existing channels meeting limited debt demand. A new digital layer can conn...

Reserve Bank of India governor Sanjay Malhotra stressed data fiduciary responsibility for fintechs. He stated that user data must be treate...

A customer base of more than 12 million, rapidly diversifying product suite, and AI integration at enterprise scale perfectly positions dig...

Avisirah Technologies has successfully secured a ₹75 crore loan to bolster its data centre in Navi Mumbai. This recent funding follows an e...

State Bank of India anticipates deploying foreign currency deposits over three months. The bank is enhancing artificial intelligence adopti...

Agentic AI's growing use in finance necessitates new checks beyond customer identification. Banks may develop a 'Know Your Agent' framework...

Financial institutions must build trust into agentic AI systems from the outset. These systems require 100% accuracy and consistent perform...

Recent foreign currency deposits could provide a short-term uplift to the growth patterns in bank lending. With the narrowing of differenti...

Axis 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...

Younger consumers and rural households are driving India's retail credit market growth. These aspirational borrowers now account for most n...

Paytm shares surged on Wednesday, as investors welcomed the company’s push into enterprise AI, marking an expansion beyond its core payment...

The Indian rupee remained steady on Monday, supported by central bank intervention. Rising oil prices and concerns over energy flows also i...

Reserve Bank of India Deputy Governor S C Murmu urged NBFCs to use AI and machine learning tools. He emphasized stronger risk management an...