Goldman Sachs CEO: AI Won't Create Replacement Jobs
David Solomon reveals stark reality about AI-driven layoffs at Goldman Sachs, challenging industry optimism about job creation in artificial intelligence era.
David Solomon reveals stark reality about AI-driven layoffs at Goldman Sachs, challenging industry optimism about job creation in artificial intelligence era.
Finance Minister Nirmala Sitharaman pushes for banking sector transformation, emphasizing India's need for multiple large, world-class banks to support its expanding economy and compete globally.
Finance Minister Nirmala Sitharaman announces transformative banking reforms, AI regulation framework, and GST simplification to fuel India's economic growth at SBI Conclave.
Exclusive: Indian government plans to maintain 26% cap on voting rights for major bank shareholders, ensuring regulatory control while balancing foreign investment interests in banking sector reforms.
Discover why SBI trades at a significant discount to HDFC Bank despite similar asset growth. Analysis of NIMs, fee income, and market positioning reveals surprising insights about India's banking giants.
Finance Minister Nirmala Sitharaman announces strategic discussions with RBI and banks to create large-scale, globally competitive Indian banking institutions that can drive economic growth.
Indian banking unions strongly oppose FM Nirmala Sitharaman's privatisation remarks, demand strengthening of public sector banks instead. Latest updates on the banking sector debate.
Indian IT giant Mphasis sees banking and financial services as key growth engine, with CEO Nitin Rakesh projecting strong revenue acceleration despite global headwinds.
India faces an alarming rise in digital banking fraud with UPI and fintech apps becoming prime targets. Learn how scammers operate and what RBI recommends for protection.
Indian automotive giant Mahindra & Mahindra has completely exited its investment in RBL Bank, selling shares worth approximately ₹6.78 billion. This major financial move signals strategic portfolio repositioning.
India's auto loan sector shows a surprising split: passenger vehicle financing accelerates post-GST cuts while commercial vehicle loans remain stuck in neutral. Discover the economic drivers behind this divergence.
Discover how India's $245 billion IT industry is navigating AI uncertainties by strengthening relationships with top global clients while maintaining steady revenue growth.
India's public sector banks achieve historic quarterly profits with 9% growth, driven by reduced bad loans and improved interest income. Discover how state-owned lenders are transforming their financial landscape.
Discover how a progressive mayor who challenged Wall Street is now forcing major financial institutions to collaborate on municipal finance and economic development.
India's banking sector witnesses robust credit growth as festive demand drives loan disbursements, pushing the credit-deposit ratio beyond 80% for the first time in recent history, according to CAREEdge Ratings analysis.
Indian Bank's Managing Director Binod Kumar commits to accelerating Jharkhand's economic development through enhanced banking services, digital transformation, and robust credit support for key sectors.
State Bank of India upgrades credit growth outlook as tax relief and potential rate cuts create perfect storm for consumer spending explosion. Get exclusive insights.
In a major setback for the Maharashtra government, the Reserve Bank of India has rejected the licence application for the state's proposed asset reconstruction company, dealing a blow to efforts aimed at tackling the massive ₹1 lakh crore stressed loans.
US markets witnessed significant declines as top bank CEOs sounded alarm bells on inflated technology valuations, sparking investor concerns about market sustainability.
State Bank of India announces groundbreaking single window KYC system through YONO app, eliminating repetitive verification processes and enhancing digital banking convenience for millions of customers.
City Union Bank stock skyrockets to all-time high as Q2 results exceed expectations, delivering impressive 50% returns year-to-date. Read the full analysis of their stellar performance.
Vodafone Idea's stock witnessed a massive 10% surge as fundraising hopes and positive market sentiment ignited investor interest. Discover the key factors behind this telecom stock's impressive performance.
Indian stock markets showed cautious optimism as Sensex edged up 40 points in muted trading. Banking stocks led the recovery while IT and auto sectors faced pressure. Discover key market movements and expert analysis.
Despite recent profitability, Indian banks confront sustained pressure on net interest margins as deposit costs rise and credit growth slows. Experts warn the worst may not be over yet.
Indian banks are offloading government securities worth billions to address worsening liquidity conditions and meet surging credit demand as deposit growth lags significantly behind.
Indian banking unions unite against proposed consolidation of Union Bank, Indian Overseas Bank, and other public sector banks, citing job security and service quality concerns.
Bank of Baroda shares surge to one-year peak as Q2 results exceed expectations, delivering impressive 52% returns in just eight months. Discover what's driving this banking stock's remarkable rally.
India's microfinance industry is witnessing early recovery signs with falling bad loans, but challenges persist in collections and borrower stress. Read the complete analysis.
Tata Consultancy Services' data centre division is projected to yield significantly lower returns compared to its core IT services business, according to recent analyst assessments.
Relive South Africa Women's thrilling path to the ICC World Cup final through our comprehensive match analysis. From nail-biting finishes to dominant performances, discover how this remarkable team defied all odds.