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Searched Tag: financial services sector

Top banking institutions in the country are mulling over the creation of a ‘national financial grid’ that allows real-time data sharing across the banking and financial sectors to help consumers avoid digital fraud

Unified open-access grid to mitigate digital frauds: SBI chief

November 19, 2025, 01:09 PM - 2 min read

Speaking at the CII Financing Summit in Mumbai on Tuesday, the Chairman of India’s largest private sector bank, the State Bank of India (SBI), CS Setty, said he had pitched for a grid that “connects all parts of the ecosystem to check fraud”

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Financial sector must grow 20x for $30T GDP by 2047: Report

Financial sector must grow 20x for $30T GDP by 2047: Report

September 6, 2024, 03:51 PM - 2 min read

Future growth will require $4 trillion of capital base in banks, one-third of which will have to be fresh capital deployment, according to the report by Boston Consulting Group (BCG) in association with FICCI and Indian Banks’ Association.

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