India

Rana Kapoor reveals how innovation became YES BANK's major growth engine

The bank pioneered the use of technology initiatives such as AI and blockchain in India’s banking space.

Rana Kapoor reveals how innovation became YES BANK's major growth engine

The bank pioneered the use of technology initiatives such as AI and blockchain in India’s banking space.

India shakes up private bank management in bad debt crackdown

Yes Bank, ICICI and Axis Bank are replacing longstanding CEOs.

India eases cash rules for banks to soothe credit crunch

The central bank has eased the liquidity coverage ratio norms of banks.

India eyes merger of 3 state banks to create country's third largest lender

Vijaya Bank, Dena Bank and Bank of Baroda will be consolidated.

How may HDFC Bank's humanoid bot help you?

The AI-powered IRA 2.0 can identify customers, carry conversations, and guide them to specific counters based on their intended transactions.

India compels banks with over 10 branches to appoint internal ombudsman

It aims to strengthen banks’ internal grievance system.

India starts moving to merge debt-ridden state banks

The government has asked the central bank to prepare a list of merger candidates.

Indian banks urged to have cyber insurance

Smaller banks have insufficient coverage which does not cover cyber heists.

Google ties up with Indian banks to launch digital loan solutions

It aims to offer instant pre-approved loans to its app users.

The full-fledged recovery of India's banks hinges on privatisation and mergers

Overseeing 21 public sector banks has proven too difficult a task for the government.

Indian state banks recover $5.23b of bad loans in Q1

Bad loan recovery in Q1 for PNB and Indian Bank exceeded that of 2017-18.

India's Cosmos Bank loses $13.5m in crippling cyberattack

Hackers stole customer data through a malware attack on the ATM server.

India's ailing banking sector sparks call for privatisation

The quality of bank boards should be prioritised.

The worst is almost over for worn out Indian banks

An earnings turnaround is in sight by 2020 as banks start shedding off bad loans.

Indian government eyes reforms unleashing $8.72b in banking capital

Lowering the CET Tier-I ratio from 5.5% to 4.5% is expected to boost lending.

Ailing Indian banks shore up on fees from non-maintenance of minimum balance

State Bank of India led the pack in collecting customer penalties.