MobiKwik to Begin NBFC Operations Within Six Months
MobiKwik is preparing to commence its NBFC operations within six months following clearance from the Reserve Bank of India (RBI),
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Industry News
CERT-In Warns AI Is Being Used to Target Banks
India’s Computer Emergency Response Team (CERT-In) has warned that hackers are increasingly using artificial intelligence to target banks and financial
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India Plans Stronger Encryption Safeguards for Banking Data
India is planning to strengthen the digital safeguards used to protect sensitive banking information and financial transactions, with the Bureau
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Arun Sridharan Takes Expanded Role as Deputy COO, Global Treasury at Standard Chartered
Arun Sridharan has taken on an expanded role as Deputy Chief Operating Officer (COO), Global Treasury at Standard Chartered, while
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Banks Seen as Safer as AI Bubble Emerges as Global Market Risk
The risk of a new global financial crisis emerging from the banking sector is currently considered low, while the rapid
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Hiranandani Calls for Companies, Banks and Trusts to Build Rental Housing
The shortage of affordable housing is prompting calls for greater participation from the private sector, with real estate developer Niranjan
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RBI Tightens Cybersecurity Checks on Banks Amid Rising Attacks
The Reserve Bank of India (RBI) has intensified its scrutiny of banks’ cybersecurity controls following a series of recent attacks
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FCNR(B) Scheme Gives India Time but $170 Billion Repayment Looms
India’s Foreign Currency Non-Resident Bank (FCNR(B)) deposit mobilisation has provided the country with a temporary buffer against global economic and
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SBI Inaugurates Centre of Excellence for Cybersecurity
State Bank of India (SBI) has inaugurated a Centre of Excellence for Cybersecurity, strengthening its focus on protecting banking systems,
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Union Bank of India Recognised for Accessibility Initiatives
Union Bank of India has been recognised for its accessibility initiatives under its Union Access programme at the Stakeholder Consultation
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