FanzizFanziz

Author

Krity Ambey

11

Articles

Articles

Govt to set up high-level banking committee very soon: Sitharaman

Govt to set up high-level banking committee very soon: Sitharaman

Finance Minister Nirmala Sitharaman said the two-day PSB Confluence deliberations will provide substantive material for the high-powered panel on banking for Viksit Bharat

Read Article
DFS to hold PSB Confluence to chart banking course for Viksit Bharat

DFS to hold PSB Confluence to chart banking course for Viksit Bharat

The two-day conclave will focus on deposit mobilisation, credit expansion, rural value chains, wealth management and other next-generation reforms for public sector banks

Read Article
₹86,917 cr in unclaimed deposits with RBI fund, FinMin tells Parliament

₹86,917 cr in unclaimed deposits with RBI fund, FinMin tells Parliament

SBI had the largest amount of unclaimed deposits transferred to the fund at Rs 20,040 crore, followed by Punjab National Bank at Rs 7,585 crore, Canara Bank at Rs 6,830 crore

Read Article
AI safety must keep pace with adoption in financial sector: CEA Nageswaran

AI safety must keep pace with adoption in financial sector: CEA Nageswaran

The Chief Economic Adviser said AI can improve credit assessment and risk detection in fintech, but firms must prioritise safety and security as adoption accelerates

Read Article
Banks mobilise $28 bn under FCNR(B) scheme by end-July: MoS Finance

Banks mobilise $28 bn under FCNR(B) scheme by end-July: MoS Finance

Outstanding FCNR(B) deposits have risen to $60.55 billion from $32.56 billion since the RBI announced its concessional forex swap facility in early June

Read Article
Monsoon Session: PSBs' profit nearly trebled in 5 years, says FinMin

Monsoon Session: PSBs' profit nearly trebled in 5 years, says FinMin

Public sector banks posted a record ₹1.98 trillion profit in FY26 as bad loans hit a historic low and credit growth remained strong across retail, MSMEs and agriculture

Read Article
IMF urges stronger AI safeguards as India deepens financial sector adoption

IMF urges stronger AI safeguards as India deepens financial sector adoption

The multilateral institution warned that rapid AI adoption could amplify systemic and cyber risks, urging stronger oversight, governance and international cooperation

Read Article
India must use AI to move GCCs up value chain, says CEA Nageswaran

India must use AI to move GCCs up value chain, says CEA Nageswaran

Highlighting the evolution of India's GCC ecosystem, the CEA said multinational companies initially came to India for lower costs but stayed because of the country's capabilities

Read Article
Small savings rates remain unchanged for 10th consecutive quarter

Small savings rates remain unchanged for 10th consecutive quarter

The Centre has retained interest rates on all small savings schemes for the July-September quarter, extending the status quo for the 10th consecutive quarter despite policy rate cuts

Read Article
DFS secy advises PSU banks to ramp up preparedness amid West Asia war

DFS secy advises PSU banks to ramp up preparedness amid West Asia war

DFS Secretary M Nagaraju reviewed PSU banks' performance and urged them to remain prepared and adaptable in view of the evolving situation in West Asia

Read Article