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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lending
Government Launches ₹20,000 Crore Credit Guarantee Scheme for MFIs
The government has launched a ₹20,000 crore credit guarantee scheme aimed at supporting microfinance institutions (MFIs), strengthening credit flow to
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Banks Focusing More on Insurance Sales Than Core Lending: FM
Union Finance Minister Nirmala Sitharaman has raised concerns that banks are increasingly spending more time selling insurance products rather than
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HSBC to hire 50 bankers for startup lending
HSBC is planning to recruit about 50 more bankers in its U.S. commercial bank to lend to startup companies, mainly
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Banks raise lending rates
After RBI’s move to increase repo rate by 35bps, a number of lenders hiked their benchmark lending rates, a move
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RBI cautions banks in lending to companies with exposure to West
RBI has asked banks to exercise caution in their business plans going forward, specifically on lending to companies with a
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Kisan Credit Card lending to be digitized
The Reserve Bank of India said it would take up a pilot project for end-to-end digitization of Kisan Credit Card
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RBI Governor says SFB loans to MFIs for on-lending now classified as priority sector lending
RBI Governor Shaktikanta Das has recently announced that small finance banks were being permitted to regard fresh loans to microfinance
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