Private sector banks in India are taking the lead in the adoption of Artificial Intelligence (AI) in areas like fraud detection, customer segmentation, and chat automation, according to a Reserve Bank of India (RBI) study. The asset size and capital adequacy ratio are influencing the rate of adoption.
The move, a first in the country after the Supreme Court order, is intended to consolidate the BJP's Dalit outreach in Haryana.
Roughly 40% of this projected outlay is expected to go towards emerging industries, including green hydrogen, clean energy, semiconductors, and electric vehicles.
Omar Abdullah will have to negotiate at every step with the lieutenant governor's office and the Modi government at the Centre.
Haryana Chief Minister Nayab Singh Saini has reached out to the SCs and the poor with the accelerated implementation of various schemes, especially the B R Ambedkar housing scheme.
The outgoing Haryana assembly met for 72 sitting days over five years, or 14.4 days a year on average, against the national average of 23 days for state assemblies in the 2017 to 2023 period, according to an analysis by PRS Legislative Research.
As leaders in both the BJP and Congress concede, neither has within their parties a leader to match Arvind Kejriwal's charisma in Delhi.
The BJP has fielded as many as 10 turncoats, including those who joined the party from the JJP in recent weeks.
Sitaram Yechury strived to have the country's Left movement shed its doctrinaire approach to India's socio-cultural complexities and stitch electoral and social alliances to fight the Sangh Parivar.
Eying benefits from digital banking, lenders are now looking at building Unified Recovery Interface (URI) for enhancing efficiency, reducing costs, and getting good prices for properties of defaulters. This would be managed by PSB Alliance Ltd, a company set up by all public sector banks in the country. M V Rao, chairman, Indian Banks' Association (IBA), said: "Till now we had Unified Payments Interface (UPI), a product developed by National Payments Corporation Ltd (NPCI).
The Congress has proposed AAP should contest five seats while the Samajwadi Party and Left parties could contest one seat each.
Over 24,000 people have registered for the 'Modi & US Progress Together' event in Uniondale, New York.
The only occasion when the BJP had 100 seats in the Upper House was in 2022.
'In the case of corporate credit, especially to AAA borrowers, lenders will have to take a fresh look at pricing.'
Public sector banks (PSBs) posted 16.1 per cent year-on-year (Y-o-Y) growth in net profit at Rs 39,974 crore during the June 2024 quarter. While net interest income (NII) showed subdued growth of 7.1 per cent, provisions and contingencies declined by 10.5 per cent Y-o-Y. This aided the bottom line to show steady growth.
Private banks' net profit grew 26.3 per cent year-on-year (Y-o-Y) to Rs 48,982 crore in the first quarter ended June 2024 (Q1FY25) owing to healthy growth in credit and other income. The gross non-performing assets (GNPAs) increased with the end of dispensation granted during the pandemic, according to the data compiled by BS Research Bureau for listed 18 private banks.
'The top 10 per cent of the population should adopt and handhold the bottom 20 per cent of the population as a social responsibility.'
Several BJP-backed state governments have unveiled schemes targeting the poor, women, farmers and students, following the party's setback in the Lok Sabha polls.
There was an 8% decline in the BJP's vote share across six regions in UP, and that some OBC castes moved away from the BJP.
A Congress source termed the process of drafting and presenting of the Bill before the state cabinet on Monday as a "unilateral" effort by the chief minister's office and ministers that are close to him.
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