“Banks are leveraging the power of data immensely to serve customer better”
Today not only banks but the entire BFSI sector has become a data-driven world. Through the empowerment of ‘Data, the…
28 OCT 2022
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JPMorgan Chase to accept gov deposits in all 50 states in the US
JPMorgan Chase said today that it may now accept government deposits in all 50 states. This is a major milestone…
18 OCT 2022
Defense inks MoU with 11 banks to offer financial services to Agniveers
The Indian Army has inked a Memorandum of Understanding (MoU) with eleven banks to provide Agniveers with financial services when…
17 OCT 2022
RBI alters foreign currency regulations for banks
In an effort to lessen the risk of unhedged exposure in the banking sector during periods of excessive volatility in…
12 OCT 2022
Banks divert gold supply from India to China and Turkey, says report
Some global gold-supplying banks have reduced their shipments to India due to the ongoing festive season, citing bank executives and…
07 OCT 2022
RBL Bank profits after total deposits increased by 5 per cent YoY in Q2
RBL Bank’s share price surged 3.78 per cent to Rs 122.15 as the private lender’s total deposits increased 5 per…
06 OCT 2022
Hong Kong: Credit Suisse loses five additional private bankers
Credit Suisse Group AG is trying to keep its private bank in Hong Kong open, with more resignations coming amid…
06 OCT 2022
RPA automating banking processes
Banks and other financial institutions were not immune to the epidemic, and the fallout is still ongoing. Government stimulus initiatives…
06 OCT 2022
Banks may increase liquidity by drawing down on CRR: RBI Governor Das
Banks may boost systemic liquidity by drawing down on excess cash reserve ratio and statutory liquidity ratio, said Reserve Bank…
01 OCT 2022
As liquidity tightens, banks raise interest rates on bulk deposits
With the system’s surplus liquidity diminishing and deposit growth behind credit growth by a wide margin, banks have raised interest…
30 SEP 2022
