Page-2 of Topic: Bank
Andhra Bank partners with Floatbot to launch AI chatbot “ABHi”
The Andhra Bank has partnered with Floatbot to offer an Artificial Intelligence-powered virtual assistant for online banking users. The AI chatbot named “ABHi” – made by Floatbot –...Punjab & Sind Bank Cen-MARG Hub for Retail and MSME Loans
The Punjab & Sind Bank Cen-MARG (Centralised MSME and Retail Group) Hub is an institutional initiative established by Punjab & Sind Bank, a leading public sector bank headquartered...T N Manoharan RBI committee for secondary market in corporate loans
The Reserve Bank of India (RBI) has constituted a six-member task force, headed by Canara Bank chairman T.N. Manoharan, on the development of secondary market for corporate loans....RBI allows modern currency chests to hike service charges
The Reserve Bank of India (RBI) has allowed large modern currency chests to increase the service charges on cash deposited by non-chest bank branches from the existing rate...
SBI’s new rules on saving accounts and short-term loans effective from May 1
State Bank of India (SBI) has moved to a new interest rate regime on large savings account deposits with balance above Rs 1 lakh as well as short-term...
‘FSS Voice Commerce’ Real-Time Voice Banking Platform launched
FSS (Financial Software Services) has unveiled ‘FSS Voice Commerce’ which is a real-time voice banking platform to provide customers with personalized banking interactions. This platform uses machine-learning language...
RBI proposed strict rules to open and run current accounts of corporate borrowers
Reserve Bank of India (RBI) would propose strict rules on opening and operating current accounts of corporate borrowers to prevent the diversion of funds. RBI had notified that...
RBI asked Banks to disclose IL and FS NPA details in results
The Reserve Bank of India has asked banks and financial institutions to disclose the NPA stemming from their exposure to troubled infrastructure conglomerate Infrastructure Leasing & Financial Services...Kotak Mahindra Bank becomes first Destination Bank to launch debit card-based e-mandate on NPCI’s API platform
The Kotak Mahindra Bank (KMB) has become the first Destination Bank to go live with Net Banking and Debit Card-based authentication solution on NPCI’s e-Mandate API platform. The...
SEFL and Bank of Baroda to co-lend through iQuippo
Bank of Baroda and city-based Srei Equipment Finance Ltd will collaborate to offer joint loans for infrastructure equipment under a new agreement. This collaboration will allow both Srei...RBI launches a 5G Lab for banking and financial sector
The Institute for Development and Research in Banking Technology (IDRBT), an arm of Reserve Bank of India (RBI), has launched a 5G Use Cases Lab for banking and...
