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Central database may be used for financial oversight, risk monitoringIndia's government plans to expand Cersai's database for better financial risk monitoring. This initiative aligns with the phased rollout o...- First-time borrowers deepen credit reach: Credit uptake among eligible Indians more than doubled to 74% in March from 35% in 2017Consumer durable loans are leading new-to-credit customers into institutional borrowing. Gold loans and microfinance also significantly con...
- With AI handing down verdicts, India's lenders ask who signs off on it: Finarkein CEOFinancial data moves rapidly through India's Account Aggregator ecosystem. Automated systems now process millions of data fetches each seco...
- Banks seek RBI nod to use new rules for old trade mismatchesBanks want RBI approval to apply new rules for closing old trade deals. These unsettled transactions have accumulated to nearly one lakh cr...
- Mid-tier VCs scout deeptech deals; ETSA winner Varaha’s India playHappy Monday! Sector-agnostic mid-tier venture capital investors are recaliberating focus on India's deeptech startups. This and more in to...
- iPhone sale starts today in India: Check iPhone 18 Pro, iPhone Pro Max price, features, specs, comparison with US, Dubai and other placesApple’s iPhone 18 Pro and iPhone 18 Pro Max are priced significantly higher in India than in several international markets, with the US off...
- Automated chip design, physical AI lead startup activity across APAC: AWS execOn the sidelines of the StradVision media tour in Seoul, Tiffany Bloomquist, AWS's head of startups for Asia Pacific and Japan, said these ...
- HDFC Bank says all seven Bahrain claims over Credit Suisse AT1 bonds rejectedHDFC Bank has won all seven Bahrain cases filed by Credit Suisse AT1 bond investors, who accused the lender of mis-selling the risky securi...
- India’s organised apparel retail revenue to grow 12-13% in FY27, margins may shrink: CrisilProjected revenue growth in the organized apparel retail market is expected to reach between twelve and thirteen percent this fiscal year. ...
- GFF 2026: After KYC, SBI chief flags ‘Know Your Agent’ as AI enters bankingAgentic AI's growing use in finance necessitates new checks beyond customer identification. Banks may develop a 'Know Your Agent' framework...
- Indian banks' names keep fading from your loan documentsThe landscape of retail lending is shifting as non-bank lenders swiftly embrace smaller ticket personal and consumer durable loans. NBFCs a...
- iPhone 18 Pro, iPhone 18 Pro Max launch deals in India: Check bank offers, No Cost EMI options and exchange discountsApple has launched the iPhone 18 Pro and iPhone 18 Pro Max in India with several launch offers for buyers. The new iPhones come with eligib...
- Falcon launches MerlinFX AI agents to automate banking transactions in real-timeFalcon has launched MerlinFX, embedding AI agents directly into banking transaction systems. These agents automate tasks like reconciliatio...
- Credit card lost, and someone used it; who will cover the lost money - you or the bank?What if a transaction takes place after you lose your card, and you don’t block it before that? Who has the liability then - you or the ban...
- Paytm bets on workplace AI agents in pivot beyond paymentsIn an exciting new venture, Paytm is venturing beyond its established digital payments realm to launch Pi, an innovative service offering a...
- India's retail credit market shifts to rural, GenZ borrowers via digital platformsYounger consumers and rural households are driving India's retail credit market growth. These aspirational borrowers now account for most n...
- Your bank account could one day become an AI agent: Perfios Group CEO Nitin ChughBank accounts may soon act as AI agents, understanding finances and offering recommendations. These agents could coordinate, make decisions...
- S&P assigns Bank of India 'BBB' rating on capital, funding strengthS&P Global Ratings assigned a BBB long-term rating to Bank of India. This rating reflects sufficient capitalisation, solid funding, and hea...
- True Balance scores 100% of loan applications with AI, looks beyond credit bureaus to curb defaultsTrue Balance now uses AI for loan applications, retaining human review for some cases. This approach helps assess borrowers with limited cr...
- SBM Bank India plans 26% stake sale, appoints consultantSBM Bank India is exploring a twenty-six percent stake sale to fund its expansion plans. The bank has appointed a consultant and is current...
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