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WHAT IS BANK RECONCILIATION
The cookie jar: Rs. 403 crore of expected losses simply disappeared, and turned into profit. Nobody had earned a rupee- Rs 1.09 crore remittance sent home by an Indian working in Kuwait, but he didn't file ITR, received income tax notice; gets relief in ITAT Ahmedabad
- GFF 2026: After KYC, SBI chief flags ‘Know Your Agent’ as AI enters banking
- ‘99% accuracy is not enough’: SBI chairman lays out three rules for trusted AIFinancial institutions must build trust into agentic AI systems from the outset. These systems require 100% accuracy and consistent perform...10 Sep, 2026, 11.36 AM IST
- 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...09 Sep, 2026, 05.46 PM IST
- AI at population scale: Rahul Chari’s charter for the next 300 millionAt Global Fintech Fest 2026, PhonePe co-founder and CPTO Rahul Chari laid out an AI philosophy built on intent-led experiences, engineering...09 Sep, 2026, 02.07 PM IST
- These large- and mid-cap stocks can give more than 20% return in 1 year, according to analystsThe Indian market was under pressure on Thursday, particularly at the index level. Rising crude-oil prices are an obvious concern, but dome...04 Sep, 2026, 11.31 AM IST
- ET Exclusive: 'Personally, I don’t have any assets. That is a stated fact,' says Zee founder Subhash Chandra amid 99.97% haircut rowIn an exclusive interview with ET, Zee founder Subhash Chandra rejects criticism over his personal insolvency settlement, saying the ₹22,00...01 Sep, 2026, 08.45 AM IST
- These large-, mid- and small-cap stocks can give more than 20% return in 1 year, according to analystsEven if the ongoing conflict in the Gulf settles anytime soon (and we certainly hope it does), don’t be surprised if the Nifty and Sensex r...28 Aug, 2026, 06.42 AM IST
- ET Prime Special Series: Multibagger or IBC - Part 73: The customer pays slowly. The machines depreciate slowly tooThe title of this series sounds binary. The businesses rarely are. Between a multibagger and bankruptcy lies a large middle ground where co...26 Aug, 2026, 10.08 PM IST
- Missed reporting of overseas bank accounts, ESOPs, and foreign assets in Schedule FA of ITR? FAST-DS offers a chance to come cleanThere is an important caveat: the Black Money Act provides relief from Schedule FA penalty for certain foreign assets, other than immovable...24 Aug, 2026, 11.22 AM IST
- AI is creating more jobs than it destroys in India, but freshers face the squeezeAI is creating more jobs than it destroys in India currently. However, entry-level hiring is declining significantly for young workers. Com...23 Aug, 2026, 11.28 AM IST
- Freelancers filing ITR? Don't get these 5 things wrong: Form, expenses, 44ADA, foreign income, and moreFreelancers preparing for AY 2026-27 have a new ITR submission deadline, offering relief to many. Understanding tax audit requirements is e...22 Aug, 2026, 06.37 AM IST
- Round-tripping: How a company hands itself money and calls it your investment – fooling investors and regulators alikeShare capital looks like one of the simplest numbers on a balance sheet. A company issues a certain number of shares, investors pay for the...21 Aug, 2026, 10.27 PM IST
- AI in finance: From crunching numbers to making decisions, how far can it go?Artificial intelligence is increasingly assisting in financial tasks and decision-making. Organisations report improved decision quality an...19 Aug, 2026, 04.21 PM IST
- The next frontier in finance is not a bank. It is the machinery beneath itThe financial services landscape is evolving, emphasizing the importance of software and data infrastructures. In India, digital payments a...17 Aug, 2026, 12.48 AM IST
- Income tax for senior citizens: No salary after retirement? These 7 incomes can still attract tax; know what is exemptRetirement is not synonymous with tax freedom. Your pensions, interest income, rental earnings, and capital gains may still incur taxes. It...13 Aug, 2026, 10.47 AM IST
- PayU India CEO on MDR; Qcomm’s festive hiringPayU India CEO Anirban Mukherjee has backed a simple pricing model for UPI charges. This and more in today's ETtech Top 5.11 Aug, 2026, 08.48 PM IST
- How companies create fake cash in books, and take investors for a rideCash is the item on a balance sheet that most investors accept without argument. Revenue can be recognised early, inventory can be overvalu...07 Aug, 2026, 10.08 PM IST
- Enterprise AI startup Wonderful plans to hire up to 1,000 forward-deployed engineers in IndiaLalazar said the company is approaching $100 million in annualised revenue, with headcount spread across more than 35 countries and set to ...07 Aug, 2026, 07.27 PM IST
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