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Banking

South Indian Bank delivers a strong Net Profit of Rs. 275 Crore for Q2 FY 24

South Indian Bank declared Net Profit of Rs. 275 Cr for Q2 FY 2023-24 registering a growth of 23.2% compared to Rs. 223 Cr in Q2 FY 2022-23. Key Highlights Operating profit for the quarter increased by 8.2% from Rs. 426 Cr in Q2 FY 23 to Rs. 460 Cr in Q2 FY 24 Net […]

Banking

Comviva and Gnosys partner to advance Digital solutions for Banking

Mumbai: Comviva, the global leader in customer experience and data monetization solutions, and Gnosys Skill Bridge announced a strategic partnership to advance digital banking and payment services across India and the Asia Pacific. Comviva is the largest digital wallet, payment and recharge technology platform provider in the world. Gnosys is amongst the leading System Integrators […]

Banking

Axis Bank announces the winners of LLM Bankathon 1.0

Bangalore : Axis Bank, one of the largest private sector banks in India, announced the winners of ‘LLM Bankathon 1.0,’ a pan-India hackathon that aims to promote innovation in the evolving field of Large Language Models and Generative AI. The Bank felicitated ‘Team Decadex’, led by Aditya Pal, Mayank Bansal, Abhinav Narag and Aditya Gupta […]

Banking

ICICI Bank launches iFinance , a single-view for savings and current accounts across banks

Mumbai: ICICI Bank announces the launch of ‘iFinance’, enabling crores of customers-retail and sole proprietors, to get a consolidated view of their savings and current accounts in one place. Customers of other banks can also get the benefit from this facility, which ICICI Bank has introduced by leveraging the Account Aggregator ecosystem, on the Bank’s […]

Banking

Shri Shiv Bajrang Singh assumed charge as Executive Director of Indian Bank

Chennai : Shri Shiv Bajrang Singh assumed charge as Executive Director of Indian Bank effective from 9th October 2023. Prior to his elevation, Shri Singh held the position of Chief General Manager at Bank of India. Shri Singh possesses extensive banking experience acquired both in India and internationally, including his tenure at Bank of India’s […]

Banking

Axis Bank launches its digital bank proposition open by Axis Bank

New Delhi : Axis Bank, one of the largest private sector banks in India, today announced the launch of ‘open by Axis Bank’, its digital bank proposition in its latest advertising campaign that focuses on the Bank’s digital capabilities. The Open 2023 campaign highlights the top 15 features of the Bank’s digital offerings. The launch […]

Banking

Bank of Baroda awarded Payment Card Industry Data Security Standard Compliance Certificate by SISA

Mumbai: Bank of Baroda , one of India’s leading public sector banks, has been awarded the prestigious Payment Card Industry Data Security Standard compliance certificate by SISA, a leading forensics-driven cybersecurity solutions company. This accreditation is an internationally recognised Information Security Standard that certifies the secure handling of debit and credit card transactions by Bank […]

Banking

South Indian Bank Welcomes P R Seshadri as New MD & CEO

Kolkata: South Indian Bank, one of India’s leading private sector banks with over nine-decade legacy has appointed P R Seshadri as its MD & CEO effective 1st of October 2023. He will succeed Mr. Murali Ramakrishnan who served a successful tenure from 1st October 2020 till 30th September 2023. With nearly 25 years of banking […]

Banking

Driving Business Success: The Strategic Power of Sustainable Technologies in Banking

By Neelesh Kripalani, Chief Technology Officer, Clover Infotech In a rapidly evolving technological landscape, staying ahead of the curve is not a choice, but a necessity. The role of technology in business has never been more profound, and tech leaders have an unparalleled opportunity to not only drive innovation but also foster sustainability within their […]

Banking

Karnataka Bank launches Door step Gold loan facility in collaboration with SahiBandhu

Karnataka Bank, a leading private sector Bank is launching “Door -Step Gold Loan” facility named “KBL-Swarna Bandhu” for its customers, a unique product for gold loans with end to end digitization. Through this product the Bank will be able to provide Gold Loan Services at customer’s door step. Initially, this product will be available to […]