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BANKS DIGITALISATION
SBI's improving performance warrants better valuation, chairman Setty says: ReportState Bank of India's chairman believes the bank is undervalued, citing improvements in financial strength, customer base, and earnings. He...- Eight public sector banks add 13,223 employees in FY26; SBI leads hiring spreeEight public sector banks, including SBI, collectively added 13,223 employees in FY26, boosting their total workforce to over 6.28 lakh. St...
- CRISIL's Dharmakirti Joshi gives India a 7 out of 10 on growth durability; says private capex has the money but not the willIndia's economic growth remains strong and durable. Corporate India possesses robust financial health but lacks the confidence to invest. N...
- China out, India in? The Japanese begin a quiet but powerful pivotJapanese banks are increasingly shifting their Asia strategy from China to India and Southeast Asia as slowing growth, rising costs and geo...
- PSBs told to draw up plan to boost rural and informal sector lendingGovernment directs state-run banks to identify successful initiatives for wider adoption. The focus will be on lending to unorganised secto...
- Navneet Munot, Nilesh Shah and Kalpen Parekh caution investors against chasing unrealistic returnsTop mutual fund managers at the Groww India Investor Festival 2026 advised investors to avoid unrealistic return expectations, emotional in...
- ADB will help finance $70 bn worth of projects to improve electricity-sharing, internet access across Asia-Pacific by 2035The Asian Development Bank plans to back $70 billion in energy and digital infrastructure projects across Asia-Pacific by 2035 to improve c...
- Consumption sustaining growth; predictable support essential for GDP expansion: FMUnion Finance Minister Nirmala Sitharaman highlighted that domestic consumption is driving India's economic growth, emphasizing the need fo...
- Pune: New age people and finance leaders could show the way into the future
- RBI's Utkarsh 2.0 places focus on better serviceRBI's new plan places emphasis on improving customer service and financial inclusion, alongside efforts to strengthen market infrastructure...
- Shaktikanta Das reveals how India broke a ‘Chakravyuh’ and 7 steps for businesses to navigate war stormDuring a keynote speech, RBI ex-Governor Shaktikanta Das emphasised India’s remarkable ability to weather global storms. He referred to the...
- Bank jobs disappearing: The clerks are going missing in this digital decadeThe financial sector is experiencing a digital transformation, with automation replacing traditional roles, impacting job ratios and skill ...
- Digitalisation helps improve monetary policy transmission: RBIIf digitalisation were to lead to a decline in resistance to price change by 10%, say, due to the rising online presence of retail stores a...
- Excessive outsourcing of banks' core activities will lead to concentration risk: RBI executive director“In line with our outsourcing guidelines, the board and senior management must ensure that at no point of time, the core activities of bank...
- RBI takes up project to digitise farm loan delivery under KCC schemeThe central bank will run a pilot project for end-to-end digitalisation of KCC lending from September in select districts of Madhya Pradesh...
- RBI taking up pilot project for end-to-end digitalisation of Kisan Credit Card (KCC) lending to simplify rural financeAccording to a press release, the pilot project will lead to automation of various processes within banks and integration of their systems ...
- Indian Bank unveils digital broking solutionThe bank said the initiative also enables its customers to invest in the ongoing LIC Initial Public Offering seamlessly.
- Full digitalisation of banking sector: How this can be achievedBanking can become a frictionless experience. With the right leadership and regulatory support, a completely electronic banking experience ...
- Threat of automation: Robotics and artificial intelligence to reduce job opportunities at top banksMany industries in India are at an inflection point where technology is enhancing efficiency by doing more and at a faster pace than what h...
- Digitalisation not a panacea, cash not all bad: Economic SurveyThe Survey, tabled by Finance Minister Arun Jaitley in Parliament, said transition to digitalisation should be gradual after taking full ac...
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