Monetary Policy Committee (MPC) member Ram Singh indicates that persistently low inflation (near 1.54%) and positive trends like an uptick…
India’s largest private lender, HDFC Bank, reported a standalone net profit of ₹18,641 crore for the September quarter, marking a…
IndusInd Bank reported a net loss of Rs 437 crore for the September 2025 quarter (Q2 FY26), reversing a net…
In terms of asset quality, the gross non-performing asset ratio declined marginally to 2.41% as compared to 2.47% a quarter…
Total retail advances were up 19.96% to Rs 1.45 lakh crore as on September 30. Within retail, the highest year-on-year…
“We believe the RBI’s measures could push credit growth in the Indian banking system toward the upper end of our…
“We plan to open 200 branches before the year-end. I expect this business to show a very good momentum in…
The balance sheet grew 11% on year and stood at Rs 16.76 lakh crore as on September 30, with advances…
S&P Global Ratings in its recent report said the five-year transition period would give banks time to fine-tune their models,…
Indian fintechs are shifting from unsecured to blended/secured lending to lower capital costs and boost credit quality, focusing on profitability…
Analysts predict the weakest Q2 earnings for Indian private and public sector banks due to factors like compressed Net Interest…
Sankar launched ‘UPI Multi-Signatory’, ‘Small Value Transactions using Wearable Glasses via UPI Lite’ and ‘Forex on Bharat Connect’ at the…
The solution leverages UIDAI’s FaceRD App for Aadhaar-based facial verification, eliminating the need to manage multiple OTPs or card details,…
Axis Bank was exploring a stake sale in its subsidiary Axis Finance, aiming to raise between Rs 2,000-4,000 crore through…
Provisional Q2 FY26 data for six Small Finance Banks (SFBs) reveals deposits grew marginally faster (17.2% Y-o-Y) than gross advances…
Warburg Pincus is set to inject an additional ₹500 crore into Truhome Finance (formerly Shriram Housing Finance) this month, boosting…
Bank credit growth against shares and bonds slowed to a 19-month low of 0.9% in August due to market caution…
India’s Monetary Policy Committee (MPC) voted unanimously to keep the repo rate at 5.50% and maintained a “neutral” stance. However,…
