Will AI Take Over Banking Jobs? HDFC CIO Offers Insight At Rising Bharat Summit

Will AI Take Over Banking Jobs? HDFC CIO Offers Insight At Rising Bharat Summit

Last Updated:July 24, 2026, 7:55 PM IST HDFC Bank flags AI gains in trading but signals gradual workforce shift via attrition, not layoffs—while admitting tech adoption hasn’t solved all operational bottlenecks yet. HDFC CIO said during the Rising Bharat Summit that AI will not take jobs but rather help companies redeploy staff. (Source: X/ “CNNNews18)…

Read More
IT Stocks Slide As US Scraps H-1B Lottery; Coforge, Tech Mahindra Down Up To 1%

IT Stocks Slide As US Scraps H-1B Lottery; Coforge, Tech Mahindra Down Up To 1%

Last Updated:December 24, 2025, 12:26 IST Under the revised approach, visas will no longer be granted purely through random selection, the US Department of Homeland Security said H-1B visa IT Stocks Fall Today: Shares of information technology firms edged lower on December 24 after the Donald Trump administration announced plans to replace the long-standing lottery-based…

Read More