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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 ...- Wall Street banks see AI 'super cycle' set to boost deals, financingInvestment banks have reaped strong fees from AI-related deals, including SK Hynix's $26.5 billion ADR offering and SpaceX's record $86 bil...
- JPMorgan posts record profit on big gains from dealmaking, stock tradingIn a remarkable feat, JPMorgan Chase announced its record profits for the second quarter, driven by impressive growth in investment banking...
- FY26 Bank Paycheque: Kotak’s Vaswani highest paid; HDFC Dy MD Bharucha leads post-ESOPAshok Vaswani led private bank executives in fiscal year 2026 compensation. His pay increased significantly due to stock appreciation right...
- 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...
- RBI Deputy Guv pushes for meaningful, fair grievance redressalThe conference brought together IOs from across a representative spectrum of regulated entities including banks, non-banking financial comp...
- HDFC Bank's total workforce witnesses reduction of 3,343 employees in FY26HDFC Bank reduced its workforce by 3,343 employees during the last fiscal year. The bank's total balance sheet expanded by twelve percent t...
- FM Nirmala Sitharaman calls for enhanced NRI outreach to sustain foreign currency mobilisation momentumFinance Minister Nirmala Sitharaman urged banks to enhance outreach to Non Resident Indians. Banks are offering attractive returns on forei...
- HDFC Bank's highest-paid execs in FY26: Deputy MD Bharucha takes home ₹17.14 cr while MD & CEO Jagdishan receives ₹15.13 crHDFC Bank executives saw salary increases in fiscal year twenty twenty-six. Deputy Managing Director Kaizad Bharucha earned seventeen point...
- The ATM story: Banks move to cash recyclers from just dispensersMore than 15,000 ATM units are expected to come up for request for proposals (RFPs) for cash recyclers, with nearly 77% of these belonging ...
- From Satya Nadella to David Solomon: Five CEOs who accepted pay cuts despite no personal faultCorporate leaders are accepting pay cuts to show accountability for various company failures. Satya Nadella of Microsoft and David Solomon ...
- Indian Bank aims to recover Rs 5,500 from bad loans during FY27: MD Binod KumarIndian Bank aims for Rs 5,500 crore bad loan recovery this financial year. The bank has already collected USD 140 million in foreign curren...
- HDFC Bank redeploys backend employees to customer-facing rolesHDFC Bank is shifting backend employees to customer roles. Technology efficiencies are enabling this strategic talent redeployment. The ban...
- HDFC Bank redeploys staff to customer-facing roles as tech efficiencies take hold: CEO JagdishanHDFC Bank is shifting employees to customer-facing roles, leveraging technology for efficiency gains. The bank is accelerating AI investmen...
- 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...
- As West Asia boils again, RBI likely to assess FCNR flowsThe Reserve Bank of India will review foreign currency deposit inflows next week. This meeting follows rising Middle East tensions and pote...
- RBI approves Mahesh M Pai as new MD at South Indian BankMahesh Muralidhar Pai will become South Indian Bank's new MD and CEO. The Reserve Bank of India approved his appointment, effective October...
- South Indian Bank says RBI approves Mahesh Muralidhar Pai's appointment as MD, CEOThe Reserve Bank of India has approved Mahesh Muralidhar Pai's appointment as Managing Director and CEO. This appointment is for a three-ye...
- South Indian Bank shares tumble 9% after four-day rise; RBI clears Mahesh Pai as MD & CEOSouth Indian Bank shares fell sharply on Wednesday, snapping a four-session winning streak as investors booked profits after a sharp three-...
- HDFC Bank overhang eases, Kotak CEO exit creates fresh uncertainty: What Pranav Gundlapalle is watching nowIndia's private banking sector faces pivotal moments with two major players at different junctures. HDFC Bank awaits RBI's nod for its CEO,...
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