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BANKING TECHNOLOGY
AI can transform banking, but data, privacy, governance remain key challenges: CEOsTop bank CEOs discussed AI's beneficial use in banking operations. They highlighted generative and agentic AI for customer service and inte...- UPI fee should vary by merchant size and sector: PayU India CEOPayU India CEO Anirban Mukherjee said the fee should not depend on whether a payment is made online or at a store. Reaching physical mercha...
- AI in this decade is what digitsation was in the last: RBI governorBanks must understand artificial intelligence deployment for future success. AI can enhance financial inclusion and improve existing public...
- AI in banking must move beyond retail to farms, MSMEs: SBI Chairman SettyIn a recent statement, CS Setty, Chairman of the State Bank of India, underscored AI's transformative potential for the Indian banking sect...
- RBI Governor Malhotra outlines which Indian banks will win the AI eraRBI Governor Sanjay Malhotra said banks that succeed in the AI era will be those that understand the technology they deploy and maintain cl...
- Retail investors make Rs 18,000 crore bold contra bet on 6 falling bluechip stocks. Will it pay off?In a bold move, retail investors invested a whopping Rs 18,000 crore in six blue-chip stocks that were on a downward trend. They scooped up...
- Delhi State Cooperative Bank to venture into financing farmers, artisansInaugurating the programme, Nabin Kumar Roy, Chief General Manager, NABARD, highlighted the critical role of cooperative banks in financial...
- Parliament passes Bankers' Books Evidence Bill to recognise digital banking records as legal evidenceParliament has approved the Bankers' Books Evidence Bill, 2026, marking a significant advancement in accepting digital records within the b...
- Parag Parikh Flexi Cap Fund hikes stakes in HCL Tech, Coal India and 9 other stocks in July. Check full listParag Parikh Flexi Cap Fund, the largest active flexicap fund by AUM, raised its stake in HCL Technologies, Coal India and nine other stock...
- ET Business Growth Summit Noida highlights industrial resilience, jobs and skilling as key growth prioritiesThe ET Business Growth Summit in Noida witnessed strong industry participation, underscoring the growth potential of the region’s industria...
- Rajya Sabha to take up Taxation, Bankers’ Books bills on MondayThe Rajya Sabha will consider two important bills on Monday. The Taxation and Other Laws (Amendment) Bill proposes significant tax changes....
- PhonePe, Razorpay back selective UPI charges for large merchantsPhonePe cofounder and chief executive, Sameer Nigam, and Razorpay cofounder and chief executive, Harshil Mathur, have argued in favour of a...
- Quant Small Cap Fund adds SBI Funds Management, Caliber Mining and 11 others in JulyQuant Small Cap Fund added 13 stocks in July, including SBI Funds Management, Caliber Mining and Hexaware Technologies. The fund exited fou...
- UPI to remain free for consumers, says Payments Council of IndiaThe Payments Council of India clarified UPI transactions will remain free for consumers. Small merchants, including kirana stores, will als...
- Payments Council backs UPI merchant charges, says users, small businesses will remain exemptPCI said small merchants, including kirana stores, should not be charged for accepting UPI payments. Any merchant service charge would be a...
- RBI bars banks from disabling mobile devices of defaulting borrowersBanks cannot disable borrower mobile phones and laptops for loan recovery. This new rule applies unless the devices themselves were finance...
- Global Market: SoftBank's AI strategy stays on course despite flat OpenAI valuation in Q1SoftBank reported an 18% decline in first-quarter net profit, though earnings exceeded expectations as strong gains from Intel and ByteDanc...
- Govt introduces bill to modernise bank records lawFinance Minister Nirmala Sitharaman introduced the Bankers' Books Evidence Bill, 2026 in Lok Sabha. This proposed legislation aims to updat...
- Credit to tech infrastructure sector doubles in two yearsBank loans for India's technology infrastructure sector have doubled in two years. This growth reflects India's position as a global hub fo...
- Citi hires Bank of America's Rohan Sen to lead technology services bankingCiti has hired Rohan Sen from Bank of America to lead technology services coverage. This move strengthens Citi's technology banking ranks a...
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