CEA V Anantha Nageswaran says India's economy is performing better than expected, with growth likely above 6.7 per cent this fiscal, aided by fiscal discipline, tax reforms, and steady inflation
At the Business Standard BFSI Insight Summit 2025, insurance leaders said GST waiver alone will not boost coverage; better awareness, innovation and risk management are key to sector growth
As the global dominance of dollar-backed stablecoins rises, crypto leaders say India should act swiftly to protect its monetary sovereignty by introducing an INR-backed stablecoin
NBFC leaders urge RBI to let strong players accept public deposits, saying it would diversify funding, reduce bank reliance, and strengthen credit flow amid rising capital demand
K V Kamath says Indian banks must reinvent, focus on retail, and invest in the right tech as corporates rely less on loans and new-age finance reshapes money flows
At BS BFSI Insight Summit 2025, a high-level panel of economists said that flexible inflation targeting has largely worked in keeping inflation under control and no major revamp is required
What India should aspire to be, a developed nation, an emerged nation, or an emerged market, is an important one, says Gupta
The three-day premier event begins with who's who of the BFSI sector converging to debate road ahead. Discussions ranged from setting up new banks to meet diverse credit needs to 'digital arrests'
The MPC kept the repo rate unchanged at 5.5 per cent in its October meeting, while striking a dovish tone and hinting that inflation risks were ebbing faster than anticipated
At Business Standard BFSI Insight Summit 2025, Nageswaran said that inflation and the rupee are stable, and fiscal discipline keeps deficits and borrowing costs under control
While SFBs have grown rapidly over the past few years, their microfinance portfolios have affected asset quality
Banks are more confident to manage the process of mergers and amalgamation in the banking sector on the back of very effective consolidation in PSB space amid COVID pandemic in 2020, said bankers
While there is scope for further easing, the question is whether there is a need to cut rates further, said panellists
DFS Secretary M Nagaraju says India's financial sector is at its strongest ever, with PSBs recording record profits and NPAs at historic lows, but urges focus on MSME lending and cybersecurity
The depth of domestic capital pool has reduced India's reliance on foreign institutional investors, enhancing market stability, a sentiment echoed by most panellists at Business Standard BFSI Summit
The panelists said that re-skilling will be key to ensuring the workforce remains employable even as disruptive technologies continue to enter the sector
At BS BFSI Summit 2025, all three bankers welcomed recent measures from the RBI, particularly move to allow local banks to finance mergers and acquisitions - an area long dominated by foreign lenders
At Business Standard BFSI Insight Summit 2025, a session titled 'Is it time to revisit the banking model?' brought together top bankers to discuss how industry must adapt to this evolving landscape
At BS BFSI Summit 2025, Setty discussed the slowdown in credit growth, the RBI's reforms, and the potential impact of allowing private sector professionals into public-sector banks
Chief executives of Small Finance Banks welcome move to allow them to transition to universal banks, but ask for glide path to lower capital adequacy norms vis-a-vis large banks