Private Banks Cut Jobs as AI Grows
India’s top 10 private sector banks cut more than 10,000 jobs in FY26, highlighting the growing impact of artificial intelligence,
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Private banks
HDFC Bank episode is a stress test for India’s financial regulators
The sudden resignation of Atanu Chakraborty as part‑time chairman and independent director of HDFC Bank has sparked debate about governance
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Former bank chairman among 50 booked in ₹112 crore cooperative bank fraud
Police have registered a case involving an alleged ₹112 crore financial fraud at Yashwant Co-operative Bank in Phaltan, Satara district,
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PSU banks now competing strongly with private and foreign lenders: Piyush Goyal
Public sector banks in India have undergone a significant transformation and are now competing effectively with private and foreign lenders,
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DSP Mutual Fund launches Nifty Private Bank Index Fund
DSP Mutual Fund has launched DSP Nifty Private Bank Index Fund, an open-ended scheme replicating/tracking the Nifty Private Bank Index
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Finance Minister asks private banks to take part in financial inclusion
The Department of Financial Services (DFS) told private banks to increase their participation in financial inclusion schemes. DFS Secretary Vivek
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Private banks expand network faster than PSBs
Major private sector banks continued to expand branch network in the financial year ended March 2023, while public sector banks
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Private banks reported most data breaches during 2018-22
Private banks reported the most data breaches between June 2018 and March 2022 in attacks that stole business and personal
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