Public Sector Banks Aim to Increase IT Investments Due to Cyber Threat from Anthropic Mythos.
Public sector banks are preparing to enhance their IT budgets to strengthen their systems, protect customer information, and secure financial…
Understanding Mythos AI: Why It Concerns Banks and Regulators
Mythos, an artificial intelligence (AI) system crafted by Anthropic, is garnering attention from governments, financial institutions,…
FM states banks are ready for technological risks and urges enhancements in light of Mythos challenge.
On Friday (April 24), Union Finance Minister Nirmala Sitharaman emphasized the importance for banks to continuously enhance their systems,…
FM warns banks about new AI risks, stating the latest model presents an ‘unprecedented’ danger.
Finance Minister Sitharaman has advised banks that the advent of artificial intelligence technologies necessitates heightened vigilance,…
Banks Conference with Finance Minister; Cybersecurity Threats from Anthropic’s Mythos Likely Discussed: Sources
On Thursday (April 23), senior executives from public sector banks and other financial institutions met with the Finance Minister to discuss…
RBI Engages with Banks to Explore Strategies for Increasing Stable Deposits
India’s central bank is soliciting feedback from commercial lenders on strategies to attract larger and more stable deposits, as a shift in…
Warren Buffett cautions that inflation and unstable banks may damage the economy, describing market behavior as akin to a “casino.”
Veteran investor Warren Buffett has expressed concerns that inflation and concealed risks within the financial system might threaten the…
Banks Call on RBI to Ease New Regulations Amid $30 Billion Deleveraging Threat
Lenders in India are calling on the central bank to ease the stricter regulations on foreign-exchange transactions, which have surged to at…
Dhanlaxmi Bank’s Q3 Net Profit Jumps 20% to ₹24 Crore; Gross NPA Declines
Dhanlaxmi Bank announced a 20% increase in net profit, reaching ₹24 crore for the third quarter ending December 31, 2025. The Kerala-based…
Kotak Mahindra Bank’s Q3 Net Profit Rises 4%, Marginally Missing Expectations; Asset Quality Enhances
On Saturday (January 24), Kotak Mahindra Bank Ltd, a private sector lender, announced a consolidated net profit of ₹3,446 crore for Q3 FY26,…