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Latest Articles in banking

Role of Artificial Intelligence in BFSI - Smartly Improving Customer Experience

Exciting times are surely ahead for the banking and financial services industry in India with constantly evolving technologies that promise to exceed customer expectations.

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Yes Bank Net Advances Up By 4% To Rs 1.76 Tn By Dec-end

Yes Bank's net advances grew by nearly 4 per cent to Rs 1,76,422 crore on a provisional basis as of December 31, 2021, the bank said on Tuesday.

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Banking On Banks In This Fintech Age

Successful banks of the future will need to embrace emerging technologies, remain flexible to adopt evolving business models, and keep their customers at the core of their business existence.

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Banks Need To Strengthen Corporate Governance, Says RBI Report

The Reserve Bank emphasised it will endeavour to ensure a safe, sound and competitive financial system through its regulatory and supervisory initiatives

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RBI Empanells CSB Bank To Undertake Banking Biz Of Central, State Govts

This appointment will allow CSB Bank to undertake general banking business of the central and state governments which may be entrusted by the RBI, the bank said

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Bank Strike Continues For Second Day; Services Across Bengal Hit

Banking operations in West Bengal were severely affected for the second consecutive day as lakhs of employees and officers of public sector lenders continued their nationwide strike

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PSU Bank Employees Go On Two-day Strike; Services Hit At Many Places

Employees of public sector banks went on two-day strike against the move to privatise public sector banks impacting normal banking operation across the country

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RBI MPC Starts Deliberations Amid Expectations Of Status Quo In Policy Rate

The Reserve Bank's rate-setting panel began its three-day deliberations on Monday to decide the next monetary policy amid expectations that the central bank will maintain status quo on interest rate

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Canara Bank Raises Rs 1,500 Crore Via Basel-III Compliant Bond

To comply with Basel-III capital regulations, banks globally need to improve and strengthen their capital planning processes.

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Privatisation Of PSBs: Two-day Bank Strike From December 16

Union Finance Minister Nirmala Sitharaman had said that two public sector banks will be privatised during the current fiscal.

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Bank Of Baroda Raises Rs 1,997 Cr Via Basel III-Compliant Bonds

The bank said it issued a total of 1,997 bonds of Rs 1 crore each under this issue to a total of 21 allottees.

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Redefining Customer Experience In Banking, Financial Services Using Data And Analytics

Leading firms are tapping into valuable, but underleveraged data sources to better understand customers, identify gaps in experience, and deliver personalized experiences. However, this is easier said than done.

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Fintech Invasion And Future Of Banking Industry In India

Technology will only encourage customers to exercise their choices. To meet these customer expectations, the bigger banks will have to beat the FinTechs at their own game. They have the capital and they have the customer - they only need to change their mindset.

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RBI May Launch Digital Currency Pilot Next Year: Report

Central bank digital currencies, or (CBDCs) are digital or virtual currencies are basically the digital version of fiat currencies, for India that would be its domestic currency rupee.

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Essential Innovations That Will Accelerate Banking Tech Transformation

The real opportunity for banks lies in their ability to win and retain their customer trust with best-of-breed service experience.

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