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SBI Moving Entire Cheque Processing to AI to Free Up Workforce SBI is moving its entire cheque processing system to AI to reduce manual work and free up employees for higher-value activities. Read More: https://thekanal.in/en-IN/details/sbi-moving-entire-cheque-processing-to-ai-to-free-up-workforce-73946 #banking

$3 Kanal CHEQUE PROCESSING AUTOMATED Al CAPTURE VERIFY VALIDATE POST MOVHD TO NI SBI to Move Cheque Processing to Al $3 Kanal CHEQUE PROCESSING AUTOMATED Al CAPTURE VERIFY VALIDATE POST MOVHD TO NI SBI to Move Cheque Processing to Al

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PNB to Launch Wealth Management Services to Boost Non-Interest Income Punjab National Bank plans to launch wealth management services by December to boost non-interest income, while expanding its credit card business and targeting over ₹20,000 crore in net profit. Read More: https://thekanal.in/en-IN/details/pnb-to-launch-wealth-management-services-to-boost-non-interest-income-11928 #banking

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AlBOA National Conference Raise Privatisation and Staff Recruitment Issues in Banking Sector The 9th National Conference of the All India Bank Officers’ Association (AIBOA) is being held in Thiruvananthapuram, Kerala with discussions on foreign investment in public-sector institutions, including IDBI Bank. The conference discusses other key issues the banking sector is facing and will conclude with the election of new committee members. Read More: https://thekanal.in/en-IN/details/alboa-national-conference-raise-privatisation-and-staff-recruitment-issues-in-banking-sector-1417 #banking

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SBI Targets No. 1 Spot in Credit Card Market, Says Chairman SBI aims to make SBI Card India’s largest credit card issuer, closing the gap with current market leader HDFC Bank while focusing on growth and improving asset quality. Read More: https://thekanal.in/en-IN/details/sbi-targets-no-1-spot-in-credit-card-market-says-chairman-42769 #banking

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PSBs, Recruitment, Employee Rights & RBI Policy Updates | Weekly Banking Roundup This week saw significant developments across India's banking sector, including fresh recruitment announcements, employee welfare initiatives, industrial relations issues, RBI policy decisions, banking reforms and public sector bank performance. The week also witnessed debates over insurance targets, staffing, workplace conditions and the future direction of public sector banking. Subscribe Channel and Watch More Videos: https://youtu.be/9JUkz-CEo7E?si=KUIEUraSPZ9FPtMl #banking

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Officer Association of Gujarat Gramin Bank and Gujarat Gramin Bank Employees’ Association Seek Immediate Release of Pending PLI The Officer Association of Gujarat Gramin Bank (OAGGB) and Gujarat Gramin Bank Employees’ Association (GGBEA) have sought immediate payment of pending PLI under the existing Government/NABARD policy. Read More: https://thekanal.in/en-IN/details/officer-association-of-gujarat-gramin-bank-and-gujarat-gramin-bank-employees-association-seek-immediate-release-of-pending-pli-28361 #banking

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*RBI Draft Proposal Seeks to Restrict NBFCs from Offering Revolving Credit Without Approval* The Reserve Bank of India (RBI) has proposed changes to the lending framework for Non-Banking Financial Companies (NBFCs). The draft seeks to restrict revolving credit facilities without prior regulatory approval. *Read More*: https://thekanal.in/en-IN/details/rbi-draft-proposal-seeks-to-restrict-nbfcs-from-offering-revolving-credit-without-approval-71925 #banking

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*Punjab & Sind Bank Vigilance Complaint Seeks Inquiry Into Alleged Financial Irregularities at Nellore Branch* A complaint submitted to Punjab & Sind Bank's Corporate Vigilance Department has sought an inquiry into alleged financial irregularities at the Nellore Branch. The complainant has submitted supporting documents and completed identity verification. The allegations remain unverified. *Read More:* https://thekanal.in/en-IN/details/punjab-sind-bank-vigilance-complaint-seeks-inquiry-into-alleged-financial-irregularities-at-nellore-branch-97264 #banking

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*Odisha Grameen Bank Officers' and Employees' Associations Raise Concerns Over Alleged Staff Harassment in Berhampur Region* The Association of Odisha Grameen Bank Officers' (AOGBO) and Odisha Grameen Bank Employees' Association (OGBEA) have submitted a representation to the Chairman of Odisha Grameen Bank. The letter raises concerns over alleged unfair labour practices and staff harassment by the Regional Manager of the Berhampur Region, seeking immediate intervention from the bank management. *Read More*: https://thekanal.in/en-IN/details/odisha-grameen-bank-officers-and-employees-associations-raise-concerns-over-alleged-staff-harassment-in-berhampur-region-35109 #banking

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*RBI Prohibits Banks from Disabling Borrowers' Mobile Phones* The Reserve Bank of India (RBI) has revised its loan recovery framework. The updated norms prohibit banks from disabling borrowers' mobile devices as a recovery tool, except in specific device-financing cases. The revised framework also introduces safeguards for borrowers, prescribes conditions for technology-based restrictions on financed devices, and eases certain recovery agent disclosure requirements. *Read More*: https://thekanal.in/en-IN/details/rbi-prohibits-banks-from-disabling-borrowers-mobile-phones-55304 #banking

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