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,…
RBI Forms Specialist Group to Safeguard Indian Banks and Payment Systems Against Potential Quantum Hacking Risks
The Reserve Bank of India (RBI) has formed an expert committee to investigate the potential advantages, risks, and challenges of establishing…
World Bank’s Ajay Banga advocates for ‘Small AI’ in agriculture, highlights Indian farmers’ technology use at Singapore summit.
World Bank President Ajay Banga has urged the implementation of “Small AI” — locally utilized artificial intelligence operating on low-cost…
RBI Suggests Enhanced Basel III Reporting Standards for Banks to Improve Transparency
On Tuesday, the Reserve Bank proposed an updated disclosure framework for banks in accordance with Basel III standards, mandating that lenders…
DFS Secretary Nagaraju urges banks to be ready for Anthropic’s potential public offering of Mythos.
DFS Secretary M Nagaraju has called on banks to integrate risk management into their foundational culture and prepare for the emerging cyber…
J&K Bank’s Q4 Net Profit Climbs 37%, Fueled by Consistent NII and Reduced Asset Strain
On Tuesday (May 5), Jammu & Kashmir Bank Ltd announced a 36.5% year-on-year increase in net profit for the fourth quarter, reaching ₹798…