Page 5 - Anupreksha Jain

Indian banks' net interest margins likely to improve in H2 FY26: S&P

S&P Global expects Indian banks' margins to recover in H2 FY26 after RBI's 100 bps rate cut hit Q1 earnings, with SBI, ICICI posting profit growth and asset quality seen healthy

Muted response from large lenders hinders ULI scale up, say bankers

Bankers say Unified Lending Interface growth remains muted as large lenders stick to legacy rails and land record digitisation lags

Proper data integration required to boost MSME lending, say bankers

Bankers highlighted the need for consent-based APIs and structured data to improve MSME lending, addressing working capital, technology, and credit guarantee challenges

Banks draw up plans to help exporters navigate 50% Trump tariff threat

The 50 per cent tariffs, which come into effect from August 27, have prompted officials to take proactive measures to mitigate the impact, said senior bankers

SMBC gets approval from RBI to acquire up to 25% stakes in Yes Bank

Will not be categorised as promoter, RBI clarified

Muthoot Finance to inject ₹200 crore into home loan arm for growth

Muthoot Finance plans to invest Rs 200 crore in its housing finance subsidiary, Muthoot Homefin, for growth, as the home loan arm's assets under management rise 41% in Q1 FY26

RBI's revised co-lending norms likely to boost NBFC growth: Crisil

The revised norms allow Direct Lending Guarantees across loan types and reduce the minimum loan retention threshold for NBFCs to 10%, says Crisil

European Union sanctions cloud lenders' confidence in Nayara Energy

SBI halts trade, foreign currency transactions to avoid adverse action

RBI to simplify claim process for deposits, lockers of deceased customers

The move is aimed at making settlement of claims or return of articles from a locker smooth for relatives after the death of a customer

Indian economy contributing more to global growth than US: RBI Guv Malhotra

RBI Governor Sanjay Malhotra says India contributes 18% to global GDP versus US share of under 11%, retains FY26 growth forecast at 6.5% despite Trump's 'dead economy' remark

Donald Trump tariff impact: Banks likely to tighten lending to MSMEs

Experts say 25% US tariff could render export-oriented firms uncompetitive

Indian Overseas Bank reverts to old internet banking after new system fails

IOB restores old platform after technical failure in revamped system developed by Infosys subsidiary EdgeVerve disrupts services and login access for customers

MFIs face tough recovery path; profitability seen by FY26-end: CRISIL

CRISIL says MFI profitability to normalise only by end-FY26 as legacy slippages and state-level disruptions in Karnataka and Tamil Nadu slow down recovery prospects

Retail mortgage loans by NBFCs, HFCs seen at ₹20 trn by FY28: ICRA

Retail mortgage lending by NBFCs and HFCs to grow at up to 22 per cent CAGR through FY28, led by demand and limited unsecured credit availability, says ICRA

Canara Bank to recruit people proficient in local languages: MD & CEO

We target that our recoveries should be substantially higher than the slippages, says K Satyanarayana Raju

Piramal Enterprises Q1FY26 net profit rises 52%; CFO Goyal resigns

Piramal Enterprises sees strong profit growth in Q1FY26 with a 52% YoY rise, as CFO Upma Goyal resigns and Vikash Singla is set to become CFO of the merged entity

IDFC First Bank's micro loan stress may bottom out in 2 quarters: MD & CEO

The bank expects its microfinance stress to ease in the next couple of quarters, after which it plans to grow its book in a measured way, while also putting a proposal to vote at the upcoming AGM

NPAs in agriculture sector stay high amid loan-saturation concerns

The stress reflects growing concern over loan saturation, with some PSBs reporting lower single-digit year-on-year (Y-o-Y) growth

Bank of Baroda Q1FY26 results: Net profit up 1.9%, margins compress

Bank of Baroda's Q1FY26 net profit rises 1.9%, aided by treasury income, while pressure on net interest margin continues

Flexible inflation targeting helps anchor inflation expectations: RBI study

RBI's report on the transition to flexible inflation targeting highlights its role in managing inflation expectations, despite supply shocks and global inflation factors