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Banks raise rates to attract NRI deposits; some offer over 7% interest

With the RBI allowing depositors to leverage, the scheme’s attractiveness has improved further

Updated: June 11, 2026 22:41 IST

Improving asset quality cushions banks against margin pressure, global risks: Report

Indian banks’ asset quality is set to improve by 2027, easing pressure on margins and liquidity amid geopolitical tensions and…

June 10, 2026 19:12 IST

Banks expect $40–50 billion via FCNR(B) deposits

Outstanding FCNR(B) deposits stood at $33.8 billion at the end of March 2026, compared with $32.8 billion a year earlier.

June 9, 2026 21:36 IST

Fino Payments Bank says SFB transition on track; loan referral disbursals nearly triple in May

Fino Payments Bank said its transition to a small finance bank remains on track, supported by technology upgrades, lending partnerships…

June 9, 2026 18:48 IST

Banks must brace for unknown risks: RBI DG Swaminathan J

Reserve Bank of India Deputy Governor Swaminathan J said growth in retail, digital and microfinance lending has widened access and…

Updated: June 4, 2026 07:35 IST

Rate pause will help stabilise growth, says SBI Chairman

SBI Chairman CS Setty said an RBI rate pause would help stabilise growth, while noting that companies have not yet…

June 3, 2026 18:32 IST

FE Best Bank Awards 2026: SMBC named Best Foreign Bank

The long game: The Japanese banking giant isn’t just investing in India — it’s building.

June 3, 2026 05:29 IST

FE Best Bank Awards 2026: Muthoot Finance named best NBFC

Muthoot Finance has made a habit of promising modest growth and delivering something far larger. FY25 was its most emphatic…

June 3, 2026 05:18 IST

Banking reform panel likely to get 3-4 months to chart roadmap for next phase of sector overhaul

The government is set to constitute a high-level banking reform committee that will review sector architecture, bank consolidation, FDI norms…

June 2, 2026 23:55 IST

Early stress signs emerge in MSME credit: Report

MSME credit growth has slowed significantly in recent months, with manufacturing and trade segments showing early signs of stress as…

June 2, 2026 18:34 IST

Will RBI hold repo rate at 5.25%? Here’s what economists expect from June MPC meet and why

Economists expect the RBI to maintain its neutral stance while signalling caution on inflation, with rising energy costs and supply-side…

Updated: June 1, 2026 00:11 IST

HDFC Bank drops 2.6% on governance lapse allegations

Lender denies wrongdoing after report alleged irregular MSRDC-linked payments routed through marketing spends.

May 27, 2026 18:43 IST

Missed OTP, frozen finances: How to manage Indian SIM cards while abroad

NRIs rely on Indian mobile numbers for OTPs, banking and UPI abroad. Experts explain risks of SIM deactivation, compliance gaps…

Updated: May 23, 2026 23:21 IST

Raise MSME digital loan limits: Centre

PSBs encouraged to accelerate credit flow to enterprises.

Updated: May 22, 2026 17:05 IST

Exclusive | ‘India capable of sustaining high-6% to low-7% growth,’ says Vikram Sahu, India CEO & country executive, Bank of America

Bank of America India CEO Vikram Sahu says India can sustain high-6% to low-7% GDP growth if macro stability is…

Updated: May 19, 2026 06:21 IST

Bank Profits Hit as 10-Year Yields Spike to 7% and RBI Curs Forex Bets

Banks battle treasury losses in Q4

India’s public and private sector banks faced significant treasury losses in Q4FY26 as 10-year benchmark yields surged 45 basis points…

May 14, 2026 01:16 IST

Exclusive: ‘Canara Bank can comfortably absorb Rs 10,000 crore ECL provision’ Q&A with Hardeep Singh Ahluwalia

Canara Bank has guided for lower credit growth and NIM in FY27, while focusing on higher-yielding retail, agriculture and MSME…

May 13, 2026 05:15 IST

Exclusive: ‘We plan to hike tech spends to 15% of operating profit’ Q&A with Debadatta Chand, CEO, Bank of Baroda

Bank of Baroda plans to raise tech spending to 15% of operating profit amid rising cyber-security and AI risks, says…

May 12, 2026 05:30 IST

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