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DIGITALISATION IN BANKING
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...
- Rapid digitalisation of banks reshaping financial risks, requires supervisors to fundamentally rethink: RBI DGSpeaking at the Third Annual Global Conference of the College of Supervisors in Mumbai, RBI Deputy Governor Swaminathan J said that traditi...
- India's digital economy to contribute a fifth of national income by 2030: GovtIn less than six years, the share of the digital economy will become larger than that of agriculture or manufacturing in the country. In th...
- 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 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 ...
- Banks need to adopt digitisation or else they will perish: Ex-finance Secretary SC GargHe said once the limit of digital wallets increases and if the currency gets digitalised with a much more direct relationship between the c...
- Commerzbank to cut 10,000 jobs, close 340 branches"As part of a wide-ranging digitalisation, the bank will substantially reduce its branch network from the current level of 790 to 450," it ...
- 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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