Banking And Finance Sector

Budget 2020: NBFCs offering gold loans can meet part of unmet credit demand, boost growth; here's how

Gold loans provided by NBFCs should get equal and fair treatment at par with the banks

Budget 2020: Banking sector is feeling the heat of economic slowdown; can Nirmala Sitharaman clear the mess?

In a normal scenario, these suggestions make sense. But, the state of Indian banking sector is far from normal.

Banks' asset quality improves as NPAs remain stable at 9.1% as of September: RBI report

As the bad loan recognition process nears completion, the health of the banking system has improved with the gross non-performing loan ratio remaining stable at 9.1 percent as of September-end, the same level as in FY19, according to the RBI

In 2020, muted credit growth, not bad loans, will be banks’ main concern; a lot will depend on early economic rebound

In the first seven months of the current financial year, the credit growth to large industries contracted by 3.4 percent as against a growth of 0.2 percent in the year-ago period.

Banks around the world are increasingly relying on AI to drive their business; here's why

Machine Learning, Deep Learning, NLP Platforms, Predictive APIs and Image and Speech Recognition are some core AI technologies used in BFSI today