Financial institutions face a dilemma: Cost is one of the biggest barriers to their adoption of artificial intelligence, yet capabilities will never be more affordable than they are right now. More than half of organizations abandoned their AI efforts after miscalculating costs last year, according to Gartner, and building a foundational generative AI model simply
Faculty of Arts and Sciences Dean for Administration and Finance Scott A. Jordan stepped down from his position at Harvard last week as the FAS continues to overhaul its budget in response to funding pressure from the Trump administration and a new endowment tax. Jordan, who joined Harvard in August 2021 and oversaw the FAS’s
For more than 10 years, the Climate Investment Fund (CIF) has supported Indigenous peoples and local communities to protect their forests through its direct funding mechanism, known as the Dedicated Grant Mechanism (DGM). The DGM’s unique governance model is designed and managed by the Indigenous peoples and local communities themselves. So far, CIF has
With a restructured business model featuring three distinct verticals—prime, emerging markets, and affordable housing (Roshni)—PNBHF is now targeting high-yield, underpenetrated segments such as self-employed and informal-income borrowers. As the company doubles down on its branch-led expansion, tech-enabled underwriting, and digitised loan journeys, it is also witnessing strong traction in disbursements and profitability. Fortune India Latest
Given Jain’s credentials and investor belief in him, Bajaj Finance shares are likely to see a positive reaction in the immediate term, as he takes over officially as MD, once again, it added. In an exchange filing last evening, Bajaj Finance said that Anup Kumar Saha tendered his resignation as the MD of Bajaj Finance
Shares of Bajaj Finance, India’s largest non-bank lender, are in focus on Tuesday, July 22, after its new MD & CEO, Anup Saha, stepped down from his position citing personal reasons on Monday evening. The resignation is effective with immediate effect. Rajeev Jain, the erstwhile Vice Chairman & Managing Director, who as promoted to
The Bajaj Finance share price is in focus after the surprise leadership change. The company’s recently appointed MD, Anup Saha, who was appointed in April 2025, has resigned. Its long-standing former MD, Rajeev Jain, is there as Executive VC & will now be VC & MD till March, 2028. While Sinha’s name has emerged as
Tiger Finance, which has invested in several active lifestyle and retail businesses, has promoted Jason Rae, an asset-based lending veteran, to managing director of National Sales. Concurrently, the Tiger Capital Group lending platform announced that it posted strong growth in the first half of fiscal 2025, committing in excess of $150 million of new capital
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Carolyn Kissane, academic director and clinical professor at the Center for Global Affairs at New York University, leads the conversation on the geopolitics of oil. FASKIANOS: Thank you. Welcome to the final session of the Winter/Spring 2023 CFR Academic Webinar Series. I’m Irina Faskianos, vice president of the National Program and Outreach here at