UCO Bank Celebrates 84th Foundation Day in Kolkata
UCO Bank celebrated its 84th Foundation Day in Kolkata, charting a future focused on digital innovation, financial inclusion, and sustainable growth. Read about their vision and achievements.
Category : Search result: banking sector automation
Bank Unions Protest for 5-Day Banking Week
Bank employee unions across India held demonstrations demanding a five-day work week and opposing privatization. The protest, led by UFBU, highlights staffing and workload concerns.
EMS, Telecom, Retail Sectors Set for Strong 2-Year Growth
A new report forecasts robust earnings growth for India's EMS, telecom, and retail sectors over the next two years, driven by domestic demand and strategic investments. Read the full analysis.
BoB Report: Strong Fundamentals for India's Banking Credit Growth
A Bank of Baroda report highlights the Indian banking sector's resilience with strong fundamentals, predicting robust credit growth ahead. Read the full analysis.
Ex-Google CEO: AI Makes My Coding Skills Obsolete
Former Google CEO Eric Schmidt calls AI's autonomous coding 'profound', predicts AGI by 2029, and says AI's real impact is in automating business operations. Read more.
AI to Cut 200,000+ European Banking Jobs: Morgan Stanley
Morgan Stanley warns AI and digitalisation could eliminate 10% of Europe's banking workforce by 2030, impacting over 200,000 jobs. Discover the sectors most at risk and the industry's push for efficiency.
Bankers Eye Bumper Bonuses After Record $1.5Bn Fee Year
Indian investment bankers anticipate record bonuses for 2025 after the industry earned a staggering $1.5 billion in fees. Discover which banks led the charge and the outlook for 2026.
Banking Stocks Soar 16% in 2025; Analysts Bullish on SBI, Kotak
Indian banking stocks surge despite RBI rate cuts. Nifty Bank up 16% in 2025. Experts see margin stabilisation & strong loan growth. Top picks: SBI, Kotak, HDFC Bank. Read for full analysis.
RBI: Banking Sector Resilient, NPA at Multi-Decade Low
RBI's latest report reveals robust health of Indian banking sector with 11.2% balance sheet growth, sustained profitability, and gross NPA ratio falling to 2.2%. Read the full analysis.
Bank fraud amount up 30% in Apr-Sep 2025: RBI
RBI data shows a 30% surge in banking fraud amounts to Rs 21,515 crore in H1 FY26, even as the number of cases fell sharply. Public sector banks bore the brunt of the value. Read the full analysis.
RBI Report: Indian Banking Resilient in FY25, NIMs Decline
The RBI's annual report reveals robust health for India's commercial banks in 2024-25, with strong capital and asset quality, though net interest margins face pressure. Discover the key insights.
Infosys to hire fewer freshers, cites AI-driven productivity
Infosys forecasts a decline in entry-level hiring, becoming the first major Indian IT firm to link reduced fresher intake to automation and AI. This shift impacts 1.3 million annual engineering graduates.
SBI: 15,956 Cyber Fraud Cases in 22 Months
State Bank of India reported nearly 16,000 cyber fraud cases from Jan 2024 to Oct 2025, with losses exceeding ₹118 crore. Discover the state-wise breakdown and expert insights on digital banking risks.
SBI Targets 20 Crore Mobile Banking Users via Yono 2.0
State Bank of India plans to expand its mobile banking base to 20 crore customers in two years with Yono 2.0. The bank's digital-first 'phygital' strategy includes 10,000 floor managers for support.
RBI's 2026 Digital Banking Rules: What It Means for You
RBI's new digital banking framework, effective Jan 1, 2026, tightens bank approvals, mandates explicit customer consent, and bans service bundling. Learn how it protects users.
India's IT Sector Growth Trails Global Clients Amid AI Shift
Revenue growth for India's top 5 IT firms lags behind global clients since 2023. Experts cite AI, automation, and changing spending patterns as key factors. Read the full analysis.
RBI simplifies banking rules, cuts 9,400+ circulars to 244
RBI simplifies banking compliance by consolidating over 9,400 circulars into 244 Master Directions. A major regulatory overhaul to ease the burden for banks and financial institutions. Read more.
New Banking Platform Enables RBI Real-Time Monitoring
NPCI Bharat BillPay launches Banking Connect for real-time fund tracking. RBI to monitor crypto, gaming transactions instantly. Targets 1 billion monthly bill payments in 4 years.
Ajay Jain Joins Arihant Capital to Lead Investment Banking
Seasoned banker Ajay Jain joins Arihant Capital Markets to spearhead investment and merchant banking operations, bringing 25+ years expertise to drive business growth.
New Android Banking Trojan Sturnus Detected
Security researchers discover Sturnus malware targeting Indian Android users through fake apps. The trojan steals banking credentials and records messages from WhatsApp, Telegram, and Signal. Protect your device now!
Bank Glitch Shows Woman Owes $50 Billion
Maddie McGivern discovered her Chase account showed negative $50 billion after a normal night out. The banking error was later resolved as a technical glitch affecting limited accounts.
Bank Glitch Shows Woman Owes $50 Billion After Night Out
Maddie McGivern discovered negative $50 billion in her Chase account after a normal night out. The banking error was resolved as a technical glitch. Read this bizarre financial story.
RBI Concern: High Credit-Deposit Ratio Needs Rethink
RBI raises alarm over widening credit-deposit gap in Indian banking. Expert analysis on why this ratio needs urgent attention and potential solutions.
Bank Holiday: Only Sunday Closed This Week
All banks across India will remain closed only on Sunday, November 30. Check working days, Saturday schedule, and available digital banking services during holidays.
Bajaj Finserv BFSI Fund: Smart Investment Choice Today
Discover why Bajaj Finserv BFSI Fund offers compelling investment opportunity with strong fundamentals and attractive valuations in banking sector.
Indian Banks Poised for Earnings Rebound: IIFL Report
Indian banking sector reaches inflection point with strong earnings growth ahead. Private banks lead recovery while public sector banks show improved fundamentals. Read analysis.
Automation Hits India Tech Hiring, Staffing Firms Suffer
Global capability centers in India are cutting routine hiring due to automation and weak IT demand, squeezing revenues at major staffing firms while specialized roles see growth.
India's Banking Debate: Bigger vs Better Banks
As global turbulence intensifies, India faces critical banking choices between consolidation and strengthening. Expert TCA Ranganathan analyzes cyber threats, digital fraud, and climate risks shaping India's financial future.
SBI to Modernize Core Banking in 2 Years
State Bank of India reveals ambitious 2-year plan to transform legacy banking systems through hardware upgrades, open-source migration & microservices. Discover how this affects you.
Tech Revolutionizes Zero Balance Account Opening
Discover how digital innovations are transforming banking in India, making zero balance account opening paperless and accessible to millions. Learn about the tech driving financial inclusion.
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