ECL Rollout Pushes Banks to Overhaul Data Architecture
The transition towards the Expected Credit Loss (ECL) framework is encouraging banks to significantly upgrade their data architecture, risk modelling
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Banking News
Public Sector Banks Face Challenges in Selling Bad Loans as Recovery Efforts Slow
Public sector banks (PSBs) in India are facing challenges in selling stressed assets as repeated auction attempts for bad loans
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Risk Becomes More Distributed Across India’s Lending Ecosystem
India’s lending ecosystem is undergoing a structural shift as credit activity expands across banks, non-banking financial companies (NBFCs), fintech platforms
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Citi India’s Institutional Asset Book Crosses ₹1 Lakh Crore After Consumer Banking Exit
Citigroup India has strengthened its institutional banking business, with its institutional asset book crossing ₹1 lakh crore, despite the company’s
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Banks Report Operational Changes as AI Adoption Scales
Major global banks are beginning to report measurable changes in operations and employee productivity as artificial intelligence becomes embedded across
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IDFC FIRST Bank Elevates Pankaj Singh as CHRO
IDFC FIRST Bank has elevated Pankaj Singh as its Chief Human Resources Officer (CHRO), effective April 27, 2026, reinforcing the
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ICICI Bank Warns Customers Against Quick Loan Scams
ICICI Bank has issued an advisory warning customers about fraudsters targeting people seeking quick or instant loans. Scammers are exploiting
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Canadian Banks Seek Simpler AML Reporting Rules
Canadian banks are urging the federal government to simplify anti-money laundering reporting requirements, arguing that excessive paperwork is consuming compliance
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Western Union to Shut Down Digital Banking Service
Western Union International Bank has announced that it will discontinue its Western Union Digital Bank service, with customer accounts to
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Bank of Baroda Data Breach: Lessons for Strengthening Cyber Resilience in Banking
The reported Bank of Baroda data breach has brought renewed attention to the growing cybersecurity challenges faced by financial institutions
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