Tag Archives: Banking

DBS, the largest bank in Singapore, has announced plans to cut approximately 4,000 jobs over the next three years as it increases the adoption of artificial intelligence (AI) technologies. The move signals a significant shift in the banking sector, where automation and AI are set to take over tasks previously handled by human employees.

HSBC Bank has made a historic appointment by naming Pam Kaur, an Indian-origin executive, as its new Chief Financial Officer (CFO). This marks a significant milestone, as Kaur becomes the first woman to hold this pivotal role in the bank’s 160-year history. Her appointment will take effect on January 1, 2025, succeeding Georges Elhedery, who recently transitioned to CEO.

Tirunelveli, India – April 19, 2024 – Aswin Vijaya Kumar, a prominent entrepreneur from Tirunelveli, India, is making waves in the business world with his exceptional achievements across multiple industries. Born on March 28, 1992, Aswin's journey from a young student with strong family values to a respected leader and visionary in business is nothing short of inspiring.

The RBI introduces the UDGAM portal, enabling depositors to track and claim unclaimed deposits across multiple banks. The user-friendly platform aims to empower users by simplifying the process of identifying and retrieving their dormant funds.*