Muthoot Finance has boosted branch visit conversions by 150 percent using conversational AI. This platform has engaged over 1.39 million go...

The landscape of retail lending is shifting as non-bank lenders swiftly embrace smaller ticket personal and consumer durable loans. NBFCs a...

Bank of Baroda MD and CEO Debadatta Chand said the financial system needs to invest significantly more in financial and digital literacy to...

In an exciting new venture, Paytm is venturing beyond its established digital payments realm to launch Pi, an innovative service offering a...

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

Banks are planning to auction cars and vehicles on the BAANKNET platform. This initiative aims to streamline the recovery of non-performing...

Bajaj Finance has successfully secured a five percent share in TrueFan AI, significantly strengthening their existing collaboration while e...

FCNR(B) deposits offer banks a cheaper and balance-sheet-efficient source of funding, but their finite tenor and initial deployment challen...

True Balance now uses AI for loan applications, retaining human review for some cases. This approach helps assess borrowers with limited cr...

Fairfax Financial Holdings is considering selling its IIFL Finance stake. This move supports its planned acquisition of IDBI Bank Ltd. The ...

ICICI Bank shares will be in focus after RBI approved LIC to acquire up to 9.99% in the lender within one year. LIC already holds over 4%. ...

China's finance ministry is injecting over fifty billion dollars into state-owned financial institutions. This coordinated push aims to str...

The CBI registered an FIR against Essel Group chairman Subhash Chandra for alleged fraud. This action follows his opposition to a tribunal ...

RBI deputy governor Murmu highlighted five key areas for NBFCs and HFCs. These companies must focus on governance and liquidity management ...

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

HDFC Bank has accelerated its search for a successor to CEO Sashidhar Jagdishan, who will not seek an extension, with an executive search f...

India's financial framework is undergoing a significant evolution as digital resources, advanced data analytics, and innovative technology ...