Page 4 - Abhijit Lele

BoB to PNB: Banks act to ensure uninterrupted services in flood-hit Punjab

Banks have issued advisories to branches in flood-hit Punjab to maintain customer services by stocking ATMs, keeping digital channels live and relocating operations if required

It's time to get started, put money in deals: M&A financing opens up

Bank financing of M&As will be like any other business and only needs guardrails

Banks betting on festive season, GST cut to boost credit growth in H2FY26

Banks are launching attractive loan offers, with credit growth expected to rise during the festive season and after GST cuts. Retail lending is set for significant growth in H2 FY25

US tariff impact: India Ratings downgrades textiles, diamonds outlook

India Ratings downgraded its outlook for textiles and cut and polished diamonds to deteriorating, warning of tariff risks, weaker cash flows and SME stress in H2 FY26

ICRA downgrades SATYA Microcapital to 'BBB', outlook revised to 'Negative'

ICRA has downgraded SATYA Microcapital's ratings to BBB with a negative outlook, citing rising NPAs, weak collections, high credit costs and limited capital buffers

India's current account deficit narrowed to 0.2% of GDP in Q1 FY26

India's CAD narrowed to $2.4 billion in Q1FY26 from $8.6 billion a year ago as remittances surged 18% and services exports rose, offsetting a wider merchandise trade deficit

IIFL Home revamps leadership, names new biz and HR heads after CEO exit

IIFL Home Finance has reshuffled its top management after CEO Monu Ratra's resignation, appointing Ajay Sachdeva as group chief business officer and Aarti Marwaha Upadhyay as CHRO

Net ECB inflows rise to $4.6 billion in Apr-Jun 2025, shows RBI data

RBI data showed net ECB inflows rose to $4.6 billion in April-June 2025 from $2.8 billion a year ago, even as registrations moderated and sectoral trends diverged

Net FDI falls 21.1% to $4.91 bn in Q1 FY26 on higher outward flows

Despite strong gross inflows, rising outward investments and repatriation pulled down India's net FDI in April-June 2025

NRI deposit inflows dip 10% in April-June, outstanding deposits rise

The total outstanding NRI deposits reached $168.32 billion at the end of June 2025, up from $155.78 billion a year ago

SFBs' Q1 net profit slumps 76% to ₹309 crore as credit costs rise

Small Finance Banks reported a 76 per cent drop in Q1 net profit as provisions surged and net interest income weakened, while gross NPAs jumped nearly 70 per cent year on year

India Ratings downgrades Spandana Sphoorty's debentures, loans to BBB+

Profitability under pressure due to high credit costs

ICRA sees India Inc credit profile steady in Q2FY26, US tariffs weigh

India Inc's credit profile is set to remain stable in Q2FY26 with improved margins and ICR, but US tariffs and global tensions could delay the private capex recovery

India Inc meeting capex need with own cash, says SBI chief C S Setty

IBA to seek RBI nod to fund listed firms' M&A activities, says CS Setty

BoM plans ₹2,000 crore equity issue; govt stake to fall below 75%

Bank of Maharashtra will raise Rs 2,000 crore via equity issue by FY26 to meet SEBI's 75% public shareholding rule, reducing government stake from nearly 80%

Sebi approval for LIC as IDBI Bank public shareholder after divestment

SEBI has approved reclassification of LIC as a public shareholder in IDBI Bank following strategic divestment, subject to curbs on voting rights and board representation

India's outward FDI inches up to $3.51 billion in July, shows RBI data

India's outward FDI commitments rose marginally to $3.51 billion in July 2025 but declined sharply compared to June 2025, according to RBI data.

Karnataka Bank aims ₹85K cr loan book by March 2026 as operations stabilise

After stabilising operations, Karnataka Bank aims to expand its loan book beyond Rs 85,000 crore by March 2026 with growth led by retail, agriculture and MSME lending

RBI moots revision in capital charge norms for counterparty credit risks

The revision pertaining to CCR is proposed to largely align with the Basel Committee on Banking Supervision (BCBS) guidelines, reflecting the development and depth of the respective market segments

Bank asset quality: Slippages rise 26% in Q1 on stress in unsecured loans

The incidence of default was higher among private lenders compared to their public sector counterparts, according to CareEdge Rating data