Related News

Banking reform push: Government weighs 5-day week; denies delay due to manpower shortage

The Indian Banks’ Association’s proposal for a five-day work week in banks, declaring all Saturdays as holidays, is under government consideration. While the finance ministry acknowledges the proposal, it clarifies

Palo Alto Networks to acquire CyberArk in $25 billion deal

Piotr Swat | Lightrocket | Getty Images Palo Alto Networks will take over Israeli identity security provider CyberArk in a deal valued at roughly $25 billion. The California-based cybersecurity company

ITR-U now online via ITR-1 & ITR-2: E-filing enabled for AY22 & AY23- what you need to know for filing updated income tax returns

The Income Tax Department has enabled utilities for filing updated income tax returns (ITR-U) through ITR-1 and ITR-2 forms for assessment years (AY) 2021-22 and 2022-23, in accordance with Finance

SBI readies introduction of revamped digi platform

Word Count: 499 | Estimated Reading Time: 3 minutes

Mumbai: State Bank of India (SBI) is set to undergo a digital transformation in FY26, led by the launch of a revamped Yono platform. Dubbed ‘Only Yono’, the new app will feature hyper-personalised user journeys and have biometric logins and multilingual support. The bank is also expanding paperless account opening through video KYC for sole proprietorship businesses, scaling its digital kisan credit card journey to five more states, and introducing facial recognition in kiosk banking. Over 3,000 Swayam (pass book printing) kiosks-including 1,000 with auto-flip features-will be deployed.SBI’s marketing technology platform, powered by AI and integrated across SMS, WhatsApp, and email, will be fully rolled out by Oct 2025 and will send messages based on customer behaviour. The bank is also developing a real-time analytics system, or Data Lakehouse, by Sept 2026 and revamping its agri loan management system and trade finance processes. The export and import modules of trade finance went live in April 2025.

Source link