The two-day conclave will focus on deposit mobilisation, credit expansion, rural value chains, wealth management and other next-generation reforms for public sector banks
The decision to reintroduce on-tap licensing for urban cooperative banks signals the regulator's growing confidence that governance reforms have created sufficient safeguards
Net interest income rose 5.9 per cent, while provisions fell 40.5 per cent and gross advances grew 16.4 per cent; the gross NPA ratio improved to 3.1 per cent
Net interest margin (NIM) fell 10 basis points year-on-year to 3.06 per cent as the fall in yield on advances was sharper than the decline in the cost of funds
India's third largest private sector lender, Axis Bank had also reduced its workforce by around 3,100 in FY26 as investments in technology over the years began yielding productivity gains
PSU Bank index logged its sharpest intra-day gain in three months on Friday. Analysts expect PSU Banks to outdo private peers on earnings front on improvement in asset quality and high credit growth.
Anil Agarwal, president and group head of institutional clients coverage, Vikas Shinde, who once headed the debt capital market team, and Jimmy Tavadia, group head of trading, have resigned
The voice-enabled platform lets banks deliver services through existing payment devices, aiming to deepen merchant engagement without new infrastructure
Banks remain safe and sound, supported by strong capital, continued improvement in asset quality, and stable profitability, says the RBI's Financial Stability Report
Certificate of deposit issuances crossed Rs 1 trillion in the fortnight ended June 15 as banks sought funding amid a widening gap between credit and deposit growth
