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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 []