banks
GenAI spending from banks to reach $85 bn globally by 2030
Business
January 23, 2024
GenAI spending from banks to reach $85 bn globally by 2030
The spending on GenAI by banks will reach $85 billion in 2030, from $6 billion globally in 2024 which is…
RBI issues new order to help recovery of unclaimed deposits in banks
Business
January 2, 2024
RBI issues new order to help recovery of unclaimed deposits in banks
The Reserve Bank of India (RBI) has issued fresh instructions to banks to strengthen the ongoing efforts to reduce the…
RBI directs banks to roll out Card-on-File token facility for customers
Business
December 21, 2023
RBI directs banks to roll out Card-on-File token facility for customers
The RBI has issued a circular to all banks for introducing the Card-on-File (CoF) token facility at the level of…