In a meeting in New Delhi on Tuesday, Department of Financial Services (DFS) Secretary Dr. Vivek Joshi chaired a meeting where initiatives such as CKYC, the Jan Samarth portal, Aadhar seeding, and other relevant schemes were reviewed.
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In the past year and over the last five years, public sector banks have done much better than private sector banks
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Last month, the heads of four European banks met with top RBI officials.
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Banks and financial institutions have been investing in IT infrastructure to manage operations, but compliance depends on many parameters
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In addition to revenue gains, productivity gains are expected to be manifold
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Samsung unveils 2 power banks: 20,000mAh with triple-port charging and 10,000mAh with wireless charging
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According to a company statement, the projects are expected to commence operations from November 2024 onwards
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The report revealed that banks can enhance employee productivity by up to 30 per cent by implementing AI technologies to streamline numerous language-related tasks
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