HPCL-Mittal Energy more vulnerable to Russia-linked tariffs
Fusion Finance plans Rs 200 crore recovery from stressed assets, redeploys staff for collections as NPAs ease and new customer share to rise by FY26
Senior State Bank of India executive said the slight tweak (hike) in rates for home loans was on account of reduction in business discount. Risk premium remains the same
The association flagged the risk of rising stress in the system due to the likely adverse fallout of high tariffs being imposed by the US on Indian goods exports
A senior SBI executive said the bank has approval from the board of directors to raise up to Rs 20,000 crore through debt capital in Fy26.
SBI halts trade, foreign currency transactions to avoid adverse action
Indian firms filed proposals to raise $3.48 billion in June via ECBs, with Mumbai International Airport, NTPC, Tata Electronics, and Adani Airport among top applicants
Public sector banks saw Q1 FY26 profit rise 10.6% YoY on treasury gains and lower provisions, while NII was flat as lenders passed on policy rate cuts to customers
But, the narrative around the uncertainty is more damaging and may cause delay in investment decisions and postponement of spending, he added
SBI Q1 net rises to ₹19,160 crore aided by treasury gains; net interest margins may improve by March 2026 even as NII and CASA ratio face near-term pressure
India is scouting new export destinations in South Asia, Africa, and Latin America after US imposed additional tariffs on goods over Russian crude oil imports
RBI's July survey shows higher consumer confidence in rural, semi-urban and urban areas, driven by optimism on economy, jobs, incomes and easing inflation expectations
Hero FinCorp pauses unsecured lending over borrower over-leverage, shifts focus to secured loans, and targets 14% Y-o-Y growth in FY26 disbursements as part of balance sheet overhaul
Aditya Birla Capital reports a 10% rise in consolidated net profit to Rs 835 crore for Q1FY26. Its stock rose 10.7% amid growth in lending, mutual funds, and insurance sectors
SBI plans to engage a management consultant to develop a long-term HR strategy focusing on employee engagement, talent acquisition, and digital transformation
To calm investor sentiment, the company in a statement said that its team would continue to achieve the company's goals of robust growth, asset quality, and margins
The pace of credit growth on a Y-o-Y basis in retail and industrial credit also moderated in June 2025, Reserve Bank of India (RBI) data showed
The pace of credit growth on a Y-o-Y basis in retail and industrial credit also moderated in June 2025, Reserve Bank of India (RBI) data showed
Union Bank of India has listed 10 brands from Future Brands Ltd, part of Kishore Biyani's Future Group, for auction in August to recover dues of over Rs 181 crore under SARFAESI
New ECBA framework to replace FSWM norms; banks must meet capital, profit, and compliance standards for authorisation