digital banking

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    Citizens Can Now Track and Recover Idle Financial Assets

    New Delhi, March 24 – The government has intensified its efforts to help citizens recover over ₹73,000 crore in unclaimed deposits held by banks, insurance companies, and mutual funds. Regulators are implementing simplified claim processes, digital tracking platforms, and nationwide awareness...
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    Wipro Expands AI Services with New GIFT City Facility

    New Delhi, March 19 IT major Wipro announced on Thursday the launch of a new hub at the Gujarat International Finance Tec-City (GIFT City), Gandhinagar, to deliver advanced AI-powered technology services to global Banking, Financial Services, and Insurance (BFSI) clients.The new facility will...
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    Streamlined EPF Payments: South Indian Bank Partners with EPFO

    Chennai, March 12 South Indian Bank, a private sector bank in South India, has launched Employee Provident Fund payment services through its internet banking platform, SIBerNet, in collaboration with the EPFO, a top official said on Thursday.The integration with the Employees' Provident Fund...
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    UN Hails India's Banking Program as Model for Women's Empowerment

    The United Nations has praised India's banking program, which has provided banking services to over 290 million women, as a global model for empowering women and girls. Sandra Hendriks, Director of Policy for UN Women, stated that the Indian government's example of enabling digital...
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    Postmen as 'Living Symbol': Indian Post's Role in Development

    Ujjain, February 24 – Encouraging postal workers and their services to the people of the country, Union Minister for Communication Jyotiraditya Scindia advised them to become pioneers of change by adopting new technologies.Scindia stated that post offices are not limited to traditional...
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    EASE 9.0 Agenda Unveiled: Boosting India's Banking Sector

    Mumbai - The Indian Banks Association (IBA) released the ninth edition (EASE 9.0) and the EASE coffee table book for the 2026-27 financial year on Friday, February 20, 2026. The event was attended by Mr. M. Nagaraju, Secretary, Financial Services Department, Ministry of Finance, as the chief...
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    Navigating AI Transformation: Maintaining Human Oversight and Accountability

    New Delhi, February 16 Artificial Intelligence (AI) is boosting efficiency and reshaping the way work is done, but gaps in the education system and the risk of weakening human accountability pose serious challenges, leading voices from global financial institutions cautioned on Monday.Speaking...
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