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AU Small Finance Bank vehicle loan portfolio crosses Rs 50,000-crore mark

Achieving a remarkable milestone, AU Small Finance Bank's vehicle loan portfolio exceeded Rs 50,000 crore in assets under management by August 2026. Since its inception in 1996, the bank has expanded its reach, assisting over 13.7 lakh customers nationwide. This segment not only leads AU SFB's lending activities but also represents a vital growth avenue, enhanced by the integration of cutting-edge analytics and automation. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/QyG6fjW via IFTTT

SBI targets Rs 2.4 lakh crore wealth management market, eyes shareholder value growth

State Bank of India is expanding its wealth management services to existing customers. The bank aims to manage significant investments for affluent clients. SBI is also developing new growth engines like acquisition financing. These initiatives are projected to enhance shareholder value over time. Analysts suggest these new ventures will take time to impact profits. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/73fsYmq via IFTTT

Bandhan Group launches "Bandhan Kaamyabi Ka" campaign, unveiling the next chapter of its growth journey

Bandhan Group has introduced its latest brand initiative, 'Bandhan Kaamyabi Ka,' heralding a transformative chapter in its journey as a comprehensive financial services provider. Celebrating 25 years of impactful growth, this campaign embodies the company's dedication to advancing the financial aspirations of individuals and enterprises alike, positioning itself as an enduring partner in financial development. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/iRnNta0 via IFTTT

Russia’s SberBank unveils GigaDoc AI smart mirror for express health assessment in India

SberMedAI's GigaDoc smart mirror provided free express health assessments at Innoprom India. This innovative solution analyzes key health indicators and potential risk factors conveniently. Companies can integrate GigaDoc into their employee prevention programs for proactive health monitoring. The technology utilizes artificial intelligence and computer vision for accurate health readings. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/MEQj1nG via IFTTT

The next phase of India’s digital payments dominance: Trusted AI-led agentic commerce, Visa’s Sethi says

India’s digital payments ecosystem is a “showcase for the world”. The infrastructure is ready to take the next leap: agentic commerce, where AI agents will make decisions and payments. For that to happen, however, trust is non-negotiable, and it has to be embedded into the architecture. Visa Group Country Manager, India and South Asia, talked about this and more with The Economic Times at the Global Fintech Fest 2026. Read on! from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/6xYlHDc via IFTTT

RBI proposes framework to freeze only disputed amounts instead of entire accounts in cyber fraud cases

Banks will soon freeze only disputed transaction amounts, not entire accounts. AI systems will monitor unusual transfers of one thousand rupees or more. Customers get twenty days to prove transaction legitimacy with supporting documents. Banks then have ten days to assess explanations and lift holds. Law enforcement will have thirty days to issue formal restraint orders after referral. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/nexUVo7 via IFTTT

Banks seek RBI nod to use new rules for old trade mismatches

Banks want RBI approval to apply new rules for closing old trade deals. These unsettled transactions have accumulated to nearly one lakh crore rupees over time. New regulations, effective October 1, 2026, will empower banks to resolve these cases. This move aims to prevent exporters from facing caution listing for past unsettled trades. RBI deputy governor Rohit Jain will meet bank CEOs this week to discuss the matter. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/9IyDKYE via IFTTT