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AI defining force in risk management, improving operational efficiency, mkt surveillance: SBI Chief

AI defining force in risk management, improving operational efficiency, mkt surveillance: SBI Chief

by AIP Online Bureau | Apr 23, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management, Technology

“The next 25 years will not just be about scale, but about intelligent scale. Financial markets are now evolving in the fastest ways possible, becoming more interconnected and complex.”CS Setty,chairman, SBI Mumbai:Artificial intelligence will play a...
RBI in talks with global regulators, banks to review Mythos risks, sources say

RBI in talks with global regulators, banks to review Mythos risks, sources say

by AIP Online Bureau | Apr 22, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation

The Reserve Bank of India’s preliminary assessment – just like ‌that of global regulators – suggests Mythos could pose cybersecurity risks by accelerating the discovery and exploitation of software vulnerabilities, the sources, all familiar with the...
US:Record drought sparks worries about fires, water supply and food prices

US:Record drought sparks worries about fires, water supply and food prices

by AIP Online Bureau | Apr 22, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

“Right now 61% of the country is in drought and that’s steadily been going up for the calendar year.We just haven’t seen too many springs where this amount of the country has been in this kind of shape.” said Brian Fuchs, a climatologist with the National...
SBI Life net profit falls marginally to Rs 804.64 crore in Q426

SBI Life net profit falls marginally to Rs 804.64 crore in Q426

by AIP Online Bureau | Apr 22, 2026 | Indian News, Life, Regulation

Amit Jhingran, Managing Director and Chief Executive Officer, said the life insurance industry witnessed improved momentum during FY26, supported by recent regulatory measures and a shift in customer preference towards protection-oriented products. He added that the...
RBI approves Debasish Panda as Bandhan Bank’s part-time chairman

RBI approves Debasish Panda as Bandhan Bank’s part-time chairman

by AIP Online Bureau | Apr 22, 2026 | Banking & Bancassurance, Briefs, Life, Regulation

Debasish Panda, part-time chairman, Bandhan Bank The Reserve Bank of India has granted its prior approval for the appointment of Debasish Panda, former chairman of IRDAI as part-time chairman (PTC) of Bandhan Bank, for a period of three years with effect from the date...
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