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SBI YONO 2.0 Launch: State Bank of India Reportedly Targets 20 Crore Users, Plans to Hire 6,500 Staff
SBI YONO 2.0 was launched in India on Monday by the State Bank of India (SBI). The new platform integrates the financial institution's mobile banking app and its internet banking portal into a single backend architecture, allowing it to share resources while offering seamless switching between the two. Additionally, it also has enhanced security fe...
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Public Sector Banks Write Off Rs 6.15 Lakh Crore In Loans Over 5 Years
Public sector banks wrote off loans worth Rs 6.15 lakh crore in the last five financial years and the current fiscal year up to September 30, 2025, according to data shared by the Reserve Bank of India.
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Sberbank CEO Herman Gref on Developing AI Amid Sanctions and Bringing AI to India
Sberbank plans to expand its presence in India and hopes to secure a full banking licence within three years. CEO Herman Gref told Gadgets 360 that the bank built its own AI infrastructure despite Western sanctions, drawing on long-term investment, Chinese support and thousands of in-house engineers. Sberbank now wants to share its AI capabilities,...
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In Bihar Rout, A Silver Lining For RJD: It Still Commands Muslim-Yadav Vote
The Rashtriya Janata Dal (RJD) may have suffered one of its biggest electoral setbacks in Bihar, but the Muslim-Yadav backing for the Lalu Yadav-led party has remained intact, showed an analysis of the election results by Ascendia Strategies.
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"May It Prosper": Uday Kotak Shares Emotional Note On 40 Years Of Kotak Mahindra Bank
Kotak Mahindra Bank founder Uday Kotak marked a major milestone on Friday, reflecting on the institution's four-decade journey from a small office in Mumbai to one of India's leading private-sector banks.
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Bihar's Caste Counts: NDA And Mahagathbandhan Give Tickets To Core Vote Blocs
As Bihar heads into a crucial electoral battle, its major political alliances-the NDA and the Mahagathbandhan (MGB)-have quietly shelved their lofty slogans in favor of hard-nosed caste arithmetic.
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Jitan Ram Manjhi: Mahadalit Leader Who Once Defied Nitish Kumar
Jitan Ram Manjhi belongs to the Musahar community, part of the Mahadalits who have faced severe socio-economic discrimination.
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RBI To Allow Banks To Fund Merger, Acquisition Activity By Indian Corporates
In a bid to improve credit flow, the Reserve Bank on Wednesday said it would provide an enabling framework for Indian banks to finance acquisitions by Indian corporates.
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'Can't Take It Anymore': Employee Exposes 'Suffocating' Reality Of Banking Job In Viral Reddit Post
A government bank employee said they felt 'suffocated' by the work, which required them to be available round the clock, every day of the week.
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Delhi Woman Quits Government Bank Job, Says "Time To Choose Mental Peace"
A 29-year-old Delhi woman, who is also quite active on social media, opened up about quitting her well-paying government job and shared her journey of choosing mental peace over financial stability.
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Gold Sold, Deposits Broken: Gujarat Doctor Loses 19 Crores To 'Digital Arrest'
A senior woman doctor in Gujarat's Gandhinagar was kept under 'digital arrest' for over three months, forced to break fixed deposits, take loans, and blackmailed into paying more than Rs 19 crore to fraudsters, police have found
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SEBI Freezes Fugitive Businessman Mehul Choksi's Bank Accounts, Investments To Recover Rs 2.1 Crore
The Securities and Exchange Board of India (SEBI) has ordered the attachment of absconding businessman Mehul Choksi's bank accounts, mutual funds, and shares to recover Rs 2.1 crore.
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Asian Development Bank Chief Pledges $10 Billion For India's Urban Infrastructure
Prime Minister Narendra Modi on Sunday took to X to share a picture of meeting with the Asian Development Bank (ADB) president Masato Kanda at his official residence.
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Bengaluru Man Highlights Absence Of Kannada In Vehicle Loan Papers: "How Is A Kannadiga...?"
Syed Aleem shared his experience on X, stating that understanding the complex loan agreement took him 1.5 hours due to the technical language used.
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DoT to Share Financial Fraud Risk Indicator Data With Banks, UPI Service Providers and Financial Institutions
The Department of Telecommunications (DoT) will share Financial Fraud Risk Indicator (FRI) data with financial institutions, including banks and UPI providers. This FRI metric, developed by the Digital Intelligence Platform, classifies mobile numbers into three risk levels linked to financial fraud. PhonePe is an early adopter, using FRI data to al...
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SBI YONO 2.0 Launch: State Bank of India Reportedly Targets 20 Crore Users, Plans to Hire 6,500 Staff
SBI YONO 2.0 was launched in India on Monday by the State Bank of India (SBI). The new platform integrates the financial institution's mobile banking app and its internet banking portal into a single backend architecture, allowing it to share resources while offering seamless switching between the two. Additionally, it also has enhanced security fe...
-
Public Sector Banks Write Off Rs 6.15 Lakh Crore In Loans Over 5 Years
Public sector banks wrote off loans worth Rs 6.15 lakh crore in the last five financial years and the current fiscal year up to September 30, 2025, according to data shared by the Reserve Bank of India.
-
Sberbank CEO Herman Gref on Developing AI Amid Sanctions and Bringing AI to India
Sberbank plans to expand its presence in India and hopes to secure a full banking licence within three years. CEO Herman Gref told Gadgets 360 that the bank built its own AI infrastructure despite Western sanctions, drawing on long-term investment, Chinese support and thousands of in-house engineers. Sberbank now wants to share its AI capabilities,...
-
In Bihar Rout, A Silver Lining For RJD: It Still Commands Muslim-Yadav Vote
The Rashtriya Janata Dal (RJD) may have suffered one of its biggest electoral setbacks in Bihar, but the Muslim-Yadav backing for the Lalu Yadav-led party has remained intact, showed an analysis of the election results by Ascendia Strategies.
-
"May It Prosper": Uday Kotak Shares Emotional Note On 40 Years Of Kotak Mahindra Bank
Kotak Mahindra Bank founder Uday Kotak marked a major milestone on Friday, reflecting on the institution's four-decade journey from a small office in Mumbai to one of India's leading private-sector banks.
-
Bihar's Caste Counts: NDA And Mahagathbandhan Give Tickets To Core Vote Blocs
As Bihar heads into a crucial electoral battle, its major political alliances-the NDA and the Mahagathbandhan (MGB)-have quietly shelved their lofty slogans in favor of hard-nosed caste arithmetic.
-
Jitan Ram Manjhi: Mahadalit Leader Who Once Defied Nitish Kumar
Jitan Ram Manjhi belongs to the Musahar community, part of the Mahadalits who have faced severe socio-economic discrimination.
-
RBI To Allow Banks To Fund Merger, Acquisition Activity By Indian Corporates
In a bid to improve credit flow, the Reserve Bank on Wednesday said it would provide an enabling framework for Indian banks to finance acquisitions by Indian corporates.
-
'Can't Take It Anymore': Employee Exposes 'Suffocating' Reality Of Banking Job In Viral Reddit Post
A government bank employee said they felt 'suffocated' by the work, which required them to be available round the clock, every day of the week.
-
Delhi Woman Quits Government Bank Job, Says "Time To Choose Mental Peace"
A 29-year-old Delhi woman, who is also quite active on social media, opened up about quitting her well-paying government job and shared her journey of choosing mental peace over financial stability.
-
Gold Sold, Deposits Broken: Gujarat Doctor Loses 19 Crores To 'Digital Arrest'
A senior woman doctor in Gujarat's Gandhinagar was kept under 'digital arrest' for over three months, forced to break fixed deposits, take loans, and blackmailed into paying more than Rs 19 crore to fraudsters, police have found
-
SEBI Freezes Fugitive Businessman Mehul Choksi's Bank Accounts, Investments To Recover Rs 2.1 Crore
The Securities and Exchange Board of India (SEBI) has ordered the attachment of absconding businessman Mehul Choksi's bank accounts, mutual funds, and shares to recover Rs 2.1 crore.
-
Asian Development Bank Chief Pledges $10 Billion For India's Urban Infrastructure
Prime Minister Narendra Modi on Sunday took to X to share a picture of meeting with the Asian Development Bank (ADB) president Masato Kanda at his official residence.
-
Bengaluru Man Highlights Absence Of Kannada In Vehicle Loan Papers: "How Is A Kannadiga...?"
Syed Aleem shared his experience on X, stating that understanding the complex loan agreement took him 1.5 hours due to the technical language used.
-
DoT to Share Financial Fraud Risk Indicator Data With Banks, UPI Service Providers and Financial Institutions
The Department of Telecommunications (DoT) will share Financial Fraud Risk Indicator (FRI) data with financial institutions, including banks and UPI providers. This FRI metric, developed by the Digital Intelligence Platform, classifies mobile numbers into three risk levels linked to financial fraud. PhonePe is an early adopter, using FRI data to al...
