banking
Artificial Intelligence comes to the rescue of banks
May 29, 2018
The Indian banking sector is beginning to adopt AI (artificial intelligence) quite aggressively for both the back-office and customer facing purposes. According to a data provided by RBI, among state run banks in India, PNB topped in the number of loan fraud cases across India wi...
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India moves towards a digital economy post demonetisation
December 2, 2016
India is witnessing a surge in digital payment, backed by government reforms and initiatives after high-denomination currency notes were discontinued in early November.
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HDFC Bank to introduce robot at its Mumbai branch under ‘Project AI’
September 12, 2016
The HDFC Bank has planned to deploy a robot at one of its Mumbai branches under its project named ‘Project AI’ (Artificial Intelligence) that, acting largely as a receptionist, will greet the customers with options such as cash withdrawal or deposit. Automation of services le...
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Myanmar President Htin Kyaw’s first State visit to India
August 30, 2016
Myanmar President Htin Kyaw’s four-day visit to India can propel the bilateral strategic, political, economic and cultural ties to a new high, coming as it does, at the start of a crucial transition of Myanmar towards democracy after decades of military rule. Leaders of both t...
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Who will replace Raghuram Rajan, as Governor of Reserve Bank of India?
June 27, 2016
After a series of tirades launched by Dr Subramanian Swamy, BJP Rajya Sabha (Upper House) member recently against him, Raghuram Rajan, the Governor of Reserve Bank of India decided not to seek a second term in office.
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India passes the proposal for Indian Post Payment Bank
June 4, 2016
Immediately after the Indian Union cabinet passed the proposal for Indian Post Payment Bank (IPPB), it created ripples in the Indian market. Various private firms are approaching union government with offers of joint venture, equity partnership and many other mutual benefits.
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