bhaskarlive

Digital Desk | Srinagar, Sep 18 (IANS) Deputy Governor of the Reserve Bank of India (RBI), Rohit Jain, on Friday reviewed banking operations in Jammu and Kashmir, emphasising the need for a stronger credit push and wider adoption of the Unified Lending Interface (ULI). An official statement said Jain convened a meeting with Zonal Heads of major banks operating in J&K. In his opening remarks, he highlighted banks' role in supporting economic activity and strengthening financial inclusion in the r

Digital Desk | Mumbai, Sep 16 (IANS) Indian stock markets traded higher on Wednesday with equity benchmarks rising around 0.7 per cent each in early deals amid buying in FMCG, banking, cement and auto stocks. Nifty was at an intraday high of 23,281, an increase of 162 points or 0.70 per cent in morning trade, while Sensex rose over 500 points or 0.67 per cent to 74,505. Sector-wise, Nifty FMCG, Nifty PSU Bank, Nifty Cement and Nifty Auto were top gainers which gained up to 1.45 per cent. Meanwhi

Digital Desk | New Delhi, Sep 11 (IANS) Banking services, particularly at public sector banks across India were disrupted on Friday due to the United Forum of Bank Unions' (UFBU) nationwide strike seeking immediate implementation of a fiveday workweek and resolution of pending wages. The UFBU represents seven unions and about 90 per cent of bank officers and employees. Most branches of staterun banks were fully or partially closed as staff joined the protest, according to multiple reports. Cash

Digital Desk | Mumbai, Sep 10 (IANS) Agentic artificial intelligence (AI) can help banks deliver personalised financial services to thousands of customers but financial institutions will need clear frameworks around AI agents as the technology moves from recommendations to executing decisions, State Bank of India Chairman CS Setty said on Thursday. Speaking at the Global Fintech Fest 2026, Setty said banks were entering the next phase of AI adoption, with the deployment of AI agents across finan

New Delhi, August 24 (IANS) The government on Monday released provisional estimates of the Service Producer Price Indices (SPPIs) for the first quarter of 2026-27, with banking, pension fund management and transport services sectors showing improvement. As per the data released by the Ministry of Commerce & Industry, the Services PPI for banking services rose []

New Delhi, Aug 24 (IANS) The United Forum of Bank Unions (UFBU) on Monday announced a nationwide strike on September 11 over the delay in implementing five-day banking, differences over the performance-linked incentive (PLI) scheme and several pending demands, including pension-related issues. Sharing a post on the social media platform X, the UFBU an []