Satik India Bank setting up AI to make it more Dua Ghee again

[k1976]

India’s Biggest Bank to Set Up AI, Fintech Project Finance Unit​

• Bank to focus on industries like artificial intelligence
• It will help diversify work of bank’s project finance unit

By Saikat Das and Preeti Singh
13 March 2025 at 12:19 PM SGT
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State Bank of India, the country’s largest lender, is setting up a unit to manage project financing solutions for “new age industries” such as artificial intelligence, e-commerce, and fintech, according to a senior executive.

The public sector bank plans to complete the project within a year and will hire “specialized professionals” to staff it, said Ashwini Kumar Tewari, a managing director at the bank. It’s also in the process of appointing an external consultant, Tewari said.
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[k1976]

DBS’ Incoming CEO Faces Headwinds, Sees AI as Game Changer​

Tan Su Shan at a news conference in Singapore on Feb. 10.Photographer: Suhaimi Abdullah/Bloomberg
By Chanyaporn Chanjaroen and Joyce Koh
13 March 2025 at 7:00 AM SGT
Updated on
13 March 2025 at 11:44 AM SGT
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Takeaways NEW​

When Barings Bank collapsed in 1995, Tan Su Shan lost her job and was evicted after her Hong Kong landlord thought she might not be able to pay rent. Her long-term boyfriend broke up with her the same week. Two years later, she decided to take a pay cut to join another firm.

Tan credits the setbacks with helping to shape her “inner strength” early in a banking career that will soon propel the 57-year-old Singaporean into the industry’s top echelons. She is set to become the first female Chief Executive Officer of DBS Group Holdings Ltd. on March 28, taking over from Piyush Gupta, who has run Southeast Asia’s largest lender for 15 years.

 

[congo9]

Knn..
If she just stay there and no major movements from her, DBS will still make money. It's no brainer.