AU Small Finance Bank Raises NRI Deposit Rates
AU Small Finance Bank has revised interest rates on its Foreign Currency Non-Resident Bank deposits and Non-Resident External fixed deposits,
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Banking News
HDFC Bank Penalises Senior Executives
HDFC Bank’s board has issued warning letters and imposed penalties of ₹1 lakh each on three senior executives following an
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India to Launch Shared KYC Platform
Indian banks and insurance companies are expected to begin using a common customer verification platform in August 2026, allowing customers
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SMS Scams in India Surge 146%
SMS-based scams and mobile banking fraud have risen sharply in India as criminals increasingly target customers through mobile channels and
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HDFC Bank Targets Carbon Neutrality by FY32
HDFC Bank has announced a target to achieve carbon neutrality for its operational emissions by the financial year 2031-32 as
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IMF and World Bank Loans Reshape African Policy
World Bank and International Monetary Fund loans are increasingly influencing economic policymaking across Africa as governments seek affordable financing amid
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HDFC Bank Launches Neev, an In-House AI Platform to Transform Banking Operations
HDFC Bank is making a significant push into artificial intelligence with the launch of its in-house generative AI platform, Neev.
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Experts Call for National Response to AI-Related Cyber Risks in Banking
As artificial intelligence (AI) adoption rises in banking, experts warn that AI-driven cyber risks could pose significant threats to financial
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Kotak Mahindra Bank Prioritizes AI Investments to Achieve Tangible Business Outcomes
Kotak Mahindra Bank is increasing its focus on artificial intelligence (AI) investments to drive measurable business growth, improve customer experiences,
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India’s First AI-Powered Phygital Banking Branch Opens in Guwahati
Assam Chief Minister Himanta Biswa Sarma inaugurated India’s first AI-powered phygital banking branch in Guwahati, marking a significant step in
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