AI in banking - ITEXAMTEST

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HDFC Bank built its in-house AI platform Neev with just ₹2 crore, says CIO Lakshminarayanan

July 26, 2026 by Mor

HDFC Bank spent just ₹2 crore in seed money to build Neev, its in-house artificial intelligence (AI) platform, according to Ramesh Lakshminarayanan, Group Head of Information Technology (IT) and Chief Information Officer (CIO) of the bank, who said the lender has since spent only “a couple of crores here and there” on top of that. … Read more

Standard Chartered fields regulator queries after CEO’s ‘lower-value human capital’ remark

May 24, 2026 by Mor

Regulators in Hong Kong and Singapore sought clarity from Standard Chartered Plc following Chief Executive Officer Bill Winters’ unscripted “lower-value human capital” remarks, as the Asia-focused lender moves to contain fallout from the episode. The topic came up in discussions with the Monetary Authority of Singapore on Wednesday, while the Hong Kong Monetary Authority asked … Read more

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