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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...- SBI Funds Management IPO: Rs 9,813 cr issue gets fully subscribed on Day 2; GMP signals 16% listing gainThe SBI Funds Management IPO is experiencing robust demand on its second day of bidding. Non-institutional investors have subscribed over t...
- Bengaluru-based IIM graduate shares 5 money lessons of his Sindhi family, from loans to emergency fundBengaluru-based director and IIM Lucknow graduate Karan Lakhwani shared the money habits his Sindhi family has followed for years. From int...
- RBI tightens governance framework, redefines bank board responsibilitiesThe RBI has revised bank board governance norms, effective October 1. Boards will now focus on strategy and risk oversight, delegating oper...
- Goldman Sachs profit tops estimates on trading boom, corporate deal spreeGoldman Sachs has reported robust profits for the second quarter, surpassing analysts' predictions. The firm's equities revenue soared to u...
- SBI Funds Management IPO: Issue subscribed 68% on Day 1; GMP at 16%. Should you bid?SBI Funds Management IPO: The issue is attracting positive sentiment in the grey market, where it is commanding a GMP of around 16%, signal...
- SBI Funds Management IPO opens for bidding. Check brokerage reviews, GMP, subscription status & other key detailsSBI Funds Management's Rs 9,813 crore IPO opened for subscription on Tuesday at a price band of Rs 545-574 per share and will close on July...
- Q1 Showdown: Analysts pick top bets as ICICI Bank, HDFC, Axis, Kotak, Yes Bank gear up for results this weekFive major private banks will announce their Q1 results this Saturday. Analysts offer mixed views on which banking stocks investors should ...
- 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...
- Can SBI Funds IPO deliver long-term growth for high risk investors?SBI Funds Management plans a ₹11,693 crore offer for sale, reducing promoter stake to 88%. The company manages ₹29.46 lakh crore across var...
- Wage, fuel spike hit ATM cash services in four statesThe one-day disruption affected ATM uptime and cash availability across the four states, with intermittent service gaps reported as regular...
- Singham vs scammers? Bandhan Bank brings Rohit Shetty for Cyber Cop missionBandhan Bank has launched Cyber Cop, a nationwide cyber fraud awareness campaign under its CSR programme with filmmaker Rohit Shetty, as cy...
- Tata Capital to buy 88.6% in Yogloans, enters gold loan businessTata Capital’s Yogloans buyout gives it an instant gold-loan platform, adding a high-yield secured product to its retail lending portfolio....
- HDFC Bank MD: Chakraborty's abrupt exit a 'challenging event' that raised governance questionsHDFC Bank MD Sashidhar Jagdishan addressed chairman Atanu Chakraborty's resignation and governance questions. External law firms reviewed C...
- Tata Asset Management elevates Anand Vardarajan as CEO and MD, Prathit Bhobe steps downAnand Vardarajan will become Tata Asset Management's Chief Executive Officer and Managing Director. He takes over from Prathit Bhobe, who s...
- The waiting game: Why the UK’s stablecoin moment is nowGlobal stablecoin market value exceeds three hundred billion dollars, dominated by US dollar denominations. The United Kingdom faces a stra...
- RBI rate hike: Interest burden for Indians may go up later this year amid inflation risksThe Reserve Bank of India is poised to keep its policy rates steady in the short term. Nonetheless, BofA Securities predicts that rising co...
- AI selloff drives quant funds' worst performance since AugustHedge funds have recently faced substantial setbacks, primarily due to widespread trades within unstable markets. Systematic managers lost ...
- RBI backs crypto ban, tax department warns of evasion risks, documents showIndia's central bank has reiterated its preference for a cryptocurrency policy "leaning towards prohibition," warning that crypto assets an...
- ECB tells banks to draw up plans against AI attacks amid disruption fearsEuropean Central Bank requires banks to develop AI cyber threat plans. Banks must submit these detailed plans by October thirty-first. This...
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