Banking

Banks raise over Rs 1 trillion via certificates of deposit in early February as short-term rates ease amid surplus liquidity and rising credit demand

RBI's ULI onboards 89 lenders, supports 12+ digital loan journeys, enabling MSME, agri and retail credit via common tech infrastructure

Deputy Governor Swaminathan J says banks must design digital journeys that clearly inform customers of authorisations, with transparent terms and predictable responses

With the new facility, UBS plans to add nearly 3,000 professionals over the next two years, the Swiss firm said in a release

Goldman has now injected about $500 million into its India banking franchise over the last three years, demonstrating its commitment to the world's fastest-growing developing economy

Banks see strong revival in corporate lending as higher bond yields and improved working capital utilisation push companies back to bank loans in Q3FY26

Sidbi, Nabfid and Hudco will raise Rs 13,500 crore through bond issuances this week, even as higher yields and geopolitical risks continue to weigh on corporate debt fundraising

Market leader SBI alone contributed 40 per cent to the total earnings of ₹52,603 crore, as per the published numbers on stock exchanges

Thrissur-based ESAF Small Finance Bank will wait at least two years to seek a universal banking licence as it pivots to secured lending to improve asset quality and profitability

Stressing that the Indian banking sector is in good shape, he said credit growth of PSBs is at 12 per cent this year, which is tremendously "good"

We want the committee to tell us what kind of things we need to do so that banking is made available for funding Viksit Bharat, said FM

India will shift to risk-based deposit insurance premiums from April 1, replacing the decades-old flat fee system to reward banks with stronger risk management

Healthy treasury gains helped public sector banks cushion muted NII growth in Q3, even as higher bond yields and slower deposit growth weighed on margins

The investment will make the private equity firm the largest shareholder in Federal Bank, which does not have a promoter, with all its shares publicly held

Ghosh said the recommendations of the proposed banking committee would have a positive spillover for lenders operating in the microfinance space

The government is discussing raising the foreign direct investment cap to 49 per cent from 20 per cent, federal banking secretary M Nagaraju said

The country's largest lender has set up a Centre of Excellence to support financing of sectors such as renewable energy, semiconductors, electric mobility and data centres, with large capital needs

Bank credit growth slowed to 13.1% and deposit growth to 10.6% in early January, RBI data shows, though FY26 credit outlook remains positive

On the other hand, Education, media and entertainment, and e-commerce together account for only a modest slice of household budgets

The Business Correspondent Resource Council has sought the setting up of infrastructure and equity funds to strengthen last-mile banking, citing NSFI goals and RBI findings