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Verma is currently the head of the Institutional Banking Group at DBS Bank India, and will succeed Surojit Shome who will retire on 28 February.

RBI's survey reveals banks in India allocated under 10% of their IT budget to emerging technologies. While AI and cloud computing are crucial, cybersecurity vulnerabilities persist, prompting the need for better risk mitigation measures.

The investment scenario in India is brighter as corporations step into 2025 with robust balance sheets and high profitability, Malhotra said. RBI remains focused on financial stability to support a higher growth path.

Gross NPA of banks decline to 12-year low of 2.6%, bad loan ratio to worsen by 2026: RBI Report ...

HR leaders from India's top organisations share powerful strategies for aligning employees with the right skills and opportunities to empower a thriving workforce.

UP eyes higher share in country's exports, to unveil 5-year policy soon: Industry minister Gupta ...

In health insurance, individual policies are more profitable than group ones. But they demand managing policyholder expectations, and reasonable checks and balances.

Tea industry witnesses production fall, rise in exports in 2024 ...

2025 to be a year of transformation for retail industry; AI & automation to play a crucial role ...

In the face of increasing regulatory oversight in 2025, corporations must prioritize compliance and transparency to thrive. Legal experts predict that businesses must adapt to stringent compliance standards focusing on transparency and sustainability ...