Bengaluru startup introduces AI technology that may eliminate the need for shopkeepers to visit banks.
Bengaluru-based DeepTech platform ToneTag has introduced eKosha, a voice-first AI-driven business assistant aimed at delivering banking…
RBI Warns That AI-Powered Cyberattacks Are the Greatest Immediate Risk for Indian Banks
The Reserve Bank of India (RBI) identified AI-driven cyber threats as the “most critical” near-term risk for the country’s banking…
Why Are Former Bureaucrats Leading India’s Major Private Banks? | An Examination of the Shift in Banking Leadership in India
The primary governance challenge facing Indian banking has shifted from capital and compliance to the urgent necessity of establishing robust…
Indian Private Banks: Established Giants Diminish in Brilliance, Making Way for Rising Contenders
The landscape of Indian private sector banks has undergone a remarkable transformation in recent years! There was once a time when new…
Non-resident deposits expected to enhance banks’ capital raising in FY27: Report
To enhance foreign currency deposits, initiatives are underway that could enable an influx of overseas funds to provide additional support to…
RBI Relaxes Capital Regulations for Banks Participating in Emergency Credit Guarantee Scheme 5.0
The Reserve Bank of India (RBI) has reduced capital requirements for banks regarding loans supported by the Emergency Credit Line Guarantee…
South Korea’s economy expands more rapidly than expected, strengthening the central bank’s aggressive approach.
At the start of the year, South Korea’s economy exhibited stronger growth than initially expected, reinforcing the central bank’s…
Kotak Mahindra Leads Asia-Pacific Banks in Leverage Ratio; Union Bank Sees Largest Increase
Indian banks have taken the lead in the Asia-Pacific leverage ratio rankings, with Kotak Mahindra Bank at the forefront among lenders with…
South Korea’s Exports Keep Rising, Supporting the Central Bank’s Aggressive Policy
In May, South Korea’s exports maintained a remarkable upward trend, reinforcing the central bank’s increasingly aggressive stance…
Banks possess AI technology, but their greater challenge lies in effectively utilizing it.
Banks can leverage AI to reduce expenses, enhance decision-making, and increase efficiency. However, experts emphasize that preparedness,…