Showing results for "#banking sector"
Unity Bank expands in TN; opens 8 new branches
Unity Bank is a scheduled commercial bank, promoted by Centrum Financial Services Ltd. It has a deposit base of over Rs 9,000 crore, a loan book of...
Finance Ministry hosts workshop on best AI practices for bank chiefs
The IT industry association NASSCOM made a presentation to update the bankers on the latest state of play of AI in banks
Kotak Bank’s Q4 net profit rises 18 pc to Rs 4,133 crore
The bank’s net interest income during the fourth quarter rose by 13 per cent to Rs 6,909 crore, from Rs 6,103 crore in the same period last year
UAE banking sector demonstrates resilience amid global challenges
Under the supervision of the CBUAE, the national banking sector maintained impressive rates for capital efficiency, allocations, and reserves
RBI Deputy Governor flags risks of using AI in banking sector
He said while some of the concerns over AI pertain to design specific risks such as biases and robustness issues, others are more traditional and user...
Stock markets nervous about Fed pivot and banking sector
The Fed raised interest rates by a quarter of a percentage point and signaled it may pause further increases, giving officials time to assess the...
India saw only 100 deals valued at $5 bn in April
Top five deals for the month accounted for 81 per cent of overall M&A deal values, valuing $387 million. Of these, $218 million came from the pharma,...
70 years age ceiling for bank CEOs, WTDs fixed
The RBI has proposed an upper age limit of 70 years for CEOs and whole-time directors of banks and a maximum term of 10 years for those belonging to...