CATEGORIES

RBI raises limits for cooperative banks

The Reserve Bank of India (RBI) raised The Cooperative Banks (UCBs) to 30 million per borrower and increased their aggregate exposure to housing, real estate, and commercial real estate loans to 25% of total loans.

Empowering Women for Women-Led Growth in India's Viksit Bharat

Highlights of a panel discussion organized by Enqube in Mumbai:

Indian private banks are surmounting the storm

A analytical note by CareEdge on the Indian banking industry paints a positive picture for Indian private banks:

Affordable housing finance sees subdued growth

A recent study by CRISIL shows that affordable housing finance constitutes 34% of the overall housing finance market:

Shift Employees to VPN; Shift Data to Cloud

Ravi Lalwani: Given the massive shift towards mobile, what kinds of cyber frauds have increased the most?

Propelld: 29% women borrowers, of whom 40% are NTC

Propelld is an education loan focused NBFC. Nikunj Agarwal, Head Fundraise, Financial & Alliances, gives insights on women borrowers:

A Quantamental Approach

In a rapidly evolving financial landscape, Shriram Asset Management Company (AMC), under the leadership of Kartik Jain, MD & CEO, combines innovation, technology, and human insight to tackle investor needs and industry challenges.

Confidence Ignite the Spirit

In the rather tumultuous year that passed by, we witnessed several earth-shaking events.

Energizing the body, Calming the mind

Two things learnt in 2024: 1. If something needs to be changed, make the change quickly and avoid wasting time. 2. Focus on improving self-control.

HKMA launches crucial Gen AI sandbox

The Hong Kong Monetary Authority has just launched the first cohort of its Gen AI sandbox focusing on risk management, anti-fraud systems and customer experience:

Quantum Computing for Risk and Compliance in Banking Industry

As financial institutions navigate an increasingly complex regulatory landscape and evolving cybersecurity threats, quantum computing is emerging as a transformative technology for risk management and compliance.

BAGIC: Omni-channel now; aiming for omni-presence

Alpana Singh is Sr President & Country Head - Bancassurance, Agri, Govt Business, Training Mentor-North Zone at Bajaj Allianz General Insurance. She showcases the company's business, partners and learning initiatives:

Empowering Compliance - A big role for HR

Major Pratima Pinto Thomas, Head - HR, Fino Payments Bank, explores how the HR function supports and empowers compliance:

PhonePe unveils device tokenization solution for secure card transactions

PhonePe has launched a device tokenization solution for credit and debit cards. With this launch, users will be able to tokenize their cards on the PhonePe App, and use the card tokens seamlessly across all use cases on PhonePe such as bill payments, recharges, booking travel tickets, making insurance purchases, making payments on pin code, as well as at online merchants where the PhonePe payment gateway services are integrated.

SBI Payments and Pine Labs deepen partnership to deliver next-gen commerce solutions

SBI Payments and Pine Labs have announced an expanded strategic alliance, building on their long-standing 12-year partnership.

Insurance sector poised for strategic growth

A Swiss Re study paints stable future for the insurance sector across the globe:

Customized credit solution; Seamless intuitive user experience

Ravindra Rai, MD & CEO, BOBCARD, outlines the roadmap:

EC tests the prowess of DLT through a sandbox

The European Blockchain Regulatory Sandbox is helping regulators to understand the benefits of blockchain in financial services domain:

GDPR vs DPDP & what it means to BFSI

The recently enacted Digital Personal Data Protection Act, 2023, of India, has cast itself as a game-changing framework for addressing the privacy and data protection needs of a rapidly digitizing nation.

Insurance, investments & financial planning for women to rise

What percentage of your customers are women? What percentage of your overall business comes from women customers? How have both these figures changed over the last few years?

AIMING WITH AI

An organization can have multiple goals with Al. We have selected 3 key goals Front Office, Back Office and Strategic Decisions. Six CIOs/CTOS/ CDOs from India, Sri Lanka, Uganda, Nigeria and Ecuador share their perspectives on these 3 goals and on skills, consultants and partners:

SBI launches Har Ghar Lakhpati & SBI Patrons deposit schemes

The State Bank of India (SBI), the two new deposit schemes-Har Ghar Lakhpati and SBI Patrons-designed to offer customers greater financial flexibility and value.

L&T Finance collaborates with Amazon Finance India for innovative credit solutions

L&T Finance (LTF) has entered into a multi-year strategic partnership with Amazon Finance India to co-develop cuttingedge credit solutions designed to enhance affordability for eligible Amazon customers and merchants.

Pay Later extended to stocks

Paytm Money has launched the 'Pay Later' margin Pay trading facility, allowing investors to buy and invest in stocks by paying just a fraction of the total value upfront.

30% for EV, 30% for Solar

ADB has invested US$25 million in Vivriti Capital's first climate bond for renewable energy and EV infrastructure. Smitha Jain Arora, Head Sustainability & Impact, lays the road ahead:

Professional competencies must complement AI

Anooshka Soham Bathwal, CEO & Founder of Dhanvesttor, navigates the challenges of costs and skills shortages along with the opportunities of AI and innovation:

RBI issues stringent guidelines to combat mobile number fraud in digital transactions

The widespread adoption of digital transactions, while providing unparalleled convenience and efficiency, has also led to an increase in fraudulent activities, raising serious concerns that require collective action.

From chatbots to virtual agents

Chatbots and virtual assistants in banks are transforming to assume the role of virtual agents:

Action Over Ideas: Leadership Lessons from My Journey

Throughout my professional journey from my early days at Allahabad Bank to Punjab National Bank and now in a leadership role as Chief Technology Officer & Chief Digital Officer at Union Bank of India - I have realized that success is not driven by ideas alone but by the ability to take decisive action.

Protectors and their Practices

Ravi Lalwani: Given the massive shift towards mobile banking what kinds of cyber frauds have increased the most?