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AI push: Tax break for global cloud firms using Indian data centres

The Union Budget on Sunday proposed a tax holiday till 2047 for foreign companies that provide cloud services to customers globally using data centres located in India, signalling the government's......

Bank Frauds Creep Back, RBI Sounds Alarm

Fraud reported by banks declined in 2024-2025 to 23,953 as compared to 36,060 in the previous year though the amount involved jumped to Rs 36,014 crore from Rs 12,230 crore. Kindly note that this......

India, UAE seal defence pact, set $200 bn trade target

India and the United Arab Emirates on Monday unveiled plans to have a strategic defence partnership and sealed an LNG deal as Prime Minister Narendra Modi and UAE President Sheikh Mohamed bin Zayed......

From BJP war room to TMC strategist: Who is Pratik Jain?

Despite his influence, Pratik Jain avoids the spotlight. Credit is routinely passed on to colleagues. He maintains no visible faction within the TMC, no personal coterie. IMAGE: Pratik Jain, the......

How Gadchiroli Broke The Maoist Backbone

'The watershed moment was June 22, 2024, when the divisional in-charge of Gadchiroli, Giridhar Tumreti, who was their senior-most commander, along with his wife, came forward to surrender before......

'Banks Need To Reinvent Themselves'

'Reinvention is not a hugely difficult task. With technology as available today, you can reinvent yourself pretty quickly.' Illustration: Dominic Xavier/Rediff With technological and financial......

Loan growth, profitability seen improving for public sector banks

The Indian banking sector could be due for a rise in profitability after several quarters of net interest margin (NIM) compression. Photograph: Ajay Verma/Reuters The Q2FY26 results suggest NIMs......

POs to enter core banking by March '10

Post Office would not more limit its banking system to old and traditional technology and would adopt Core Banking System, on pattern of other commercial banks by the end of current financial year.......

Gsec yield curve may flatten in FY27

The government bond yield curve is likely to flatten in the financial year 2027 (FY27) as the Reserve Bank of India (RBI) is expected to ease supply pressure in the ultra-long segment.......

RBI deputy governor flags cyber risk over volume of personal data with FIs

The increasing use of models, algorithms, and code across the financial industry is reshaping how outcomes are generated. However, their limitations, such as explainability, embedded bias, and......

'IPL needs a 12-16 week window to match the likes of NFL'

'The IPL is already the biggest cricket product in the world, but staying there means not taking anything for granted.' IMAGE: Royal Challengers Bengaluru's players celebrate after beating Punjab......

Core Banking System

News for Core Banking System

AI push: Tax break for global cloud firms using Indian data centres

Bank Frauds Creep Back, RBI Sounds Alarm

India, UAE seal defence pact, set $200 bn trade target

From BJP war room to TMC strategist: Who is Pratik Jain?

How Gadchiroli Broke The Maoist Backbone

'Banks Need To Reinvent Themselves'

Loan growth, profitability seen improving for public sector banks

POs to enter core banking by March '10

Gsec yield curve may flatten in FY27

RBI deputy governor flags cyber risk over volume of personal data with FIs

'IPL needs a 12-16 week window to match the likes of NFL'

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