Featured Finance News
Bank strike disrupts PSB operations across states, digital services normal
The strike affected over-the-counter services, cash transactions, and cheque clearances....
Read MoreFinance news
Tax liability of ITR-7 filers triples in 5 years to Rs 1,043 crore
In a significant financial shift, the tax burden for ITR-7 filers has climbed to Rs 1,043 crore in the Assessment
AI can transform banking, but data, privacy, governance remain key challenges
Top bank CEOs discussed AI’s beneficial use in banking operations. They highlighted generative and agentic AI for customer service and
Not much concerned on proposed NBFC norms, revolving credit exposure below 5%: Tata Capital CEO
Tata Capital’s revolving credit exposure remains below five percent of its total lending. The company will submit its feedback to
PSBs target nearly $30 billion under RBI’s concessional forex swap window
India’s state-owned banks are targeting mobilisation of nearly $30 billion through FCNR(B) deposits, overseas foreign currency borrowings (OFCBs), and external
El Niño, below-normal rainfall could hit NBFCs’ rural loan books
A below-normal monsoon and the risk of El Niño affecting rural cash flows could emerge as key risks for non-banking
AI’s next banking frontier is rural India, small businesses
“India has set itself the ambition of becoming a developed economy by 2047. To support that ambition, the next wave
Brics exploring ways to cut costs, speed up cross-border payments
Speaking at the Ficci-IBA Annual Banking Conference (FIBAC), Malhotra said Brics had a task force on payments and that cross-border
Trusted, trained and sometimes a threat: The risk within India’s banks
The fraudster doesn’t wear a mask or hack in from outside. The fraudster has the key to enter the system
Lending a hand for easier, faster credit to MSMEs with receivables finance
Recent policy measures are reshaping the approach to credit extended to micro, small and medium enterprises (MSMEs). Instead of just