Standard Chartered's Rajesh Singhi says outbound acquisitions, financial services and EMS are driving deal activity despite geopolitical uncertainty and higher interest rates
Posts record yearly profit of Rs 80,032 crore; Shares plunge over 6% of margin compression
Credit facilities worth Rs 70,000-80,000 crore available with SBI for MSMEs under ECLGS scheme: SBI chairman
Indian banks relied heavily on MSMEs to drive credit growth in FY26, and were bracing for stress in the segment in FY27 due to the West Asia situation
Banks seek guarantees from group companies, capital infusion commitment in case of default
RBI reshuffles responsibilities among its four deputy governors after Rohit Jain assumes charge, assigning key roles across supervision, policy, markets, regulation, and technology
Corporate and MSME loans power credit growth as retail lending lags, but banks expect a pickup in FY27
Net interest income (NII) grew 8 per cent Y-o-Y to Rs 7,876 crore, supported by strong loan growth; standalone net profit was up 13 per cent Y-o-Y
Bank to strengthen retail franchise and Tier-1 presence by acquiring seasoned credit card portfolio from Standard Chartered amid broader retail strategy shift
UK-headquartered Standard Chartered Bank, as part of its retail business strategy, had earlier said it would not push standalone credit cards in India
RBI has exempted smaller NBFCs from registration and introduced a structured exit route, allowing eligible firms to apply for deregistration through its PRAVAAH portal
Excluding one-off gains, profit rises 11% YoY as margin strength, improved asset mix and steady loan growth support performance
SBI Life Insurance to push policy sales in FY27, expects steady growth and stable margins despite regulatory changes and product mix shift
Large private lenders seen to be better cushioned as higher provisioning raises capital costs
Lower provisions, easing stress in asset quality, and steady growth in non-interest income help drive a robust Q4 earnings performance for the bank
RBI introduces expected credit loss framework for banks, to be implemented from April 2027, replacing incurred loss norms and strengthening credit risk provisioning
Headcount cuts in FY26 reflect tech-led shifts in frontline roles
Travel is becoming the biggest spending category for affluent Indians, with luxury consumers choosing experiences over retail as wealth and discretionary spending rise
Axis Bank reports marginal decline in Q4FY26 profit as higher provisions and trading losses weigh on earnings, even as advances, deposits, and asset quality metrics remain stable
Regulator cites governance concerns; says bank has sufficient liquidity to repay all deposits upon winding up and will approach High Court