Banking Sector

India offers higher FDI, easier bank branch norms under New Zealand FTA

Under the India-New Zealand FTA's Financial Services Annex, India has offered higher FDI limits in banking and insurance and a simpler licensing regime for foreign bank branches

Credit card spending moderates to ₹1.89 trillion in November 2025

After crossing Rs 2 trillion in September and October, credit card spending eased to Rs 1.89 trillion in November 2025, with major issuers reporting month-on-month declines

Govt to use green-shoe option to divest 3% stake in Indian Overseas Bank

The government on Wednesday decided to exercise green shoe option to divest a higher 3 per cent stake in Indian Overseas Bank through offer-for-sale following overwhelming response from investors on the first day of subscription. The OFS of Indian Overseas Bank (IOB) opened for subscription on Wednesday for non-retail investors at a floor price of Rs 34 per share. "Offer for Sale in Indian Overseas Bank received good response from non-retail investors today. "Against about 34.66 cr shares on offer, demand was received for more than 41 cr shares. Government has decided to exercise the green shoe option. Retail investors get to bid tomorrow 18th December 2025," Department of Investment and Public Asset Management (DIPAM) Secretary Arunish Chawla said in a post on X. The government proposed to sell up to 38.51 crore (38,51,31,796) shares or 2 per cent base offer size with an option to additionally sell 19.25 crore (19,25,65,898) shares, representing 1 per cent of the total issued and

Govt extends tenure of SBI MD Ashwini Kumar Tewari for another 2 years

The government has extended the tenure of State Bank of India Managing Director Ashwini Kumar Tewari for another two years. The central government re-appoints Ashwini Kumar Tewari as Managing Director in State Bank of India (SBI) with effect from the date of his assumption of charge of the post, beyond his currently notified term, which is ending on January 27 2026, till the date of his superannuation that is December 31, 2027, the state-owned lender said in a regulatory filing on Wednesday. This is the second time that Tewari got a two-year extension. The first time he got an extension was in 2024. He was appointed as MD of SBI in January 2021 for an initial three-year term. The SBI board is headed by the Chairman, assisted by four managing directors.

Global shadow banking assets cross $250 trn as watchdog warns on data

Within non banks, the fastest growth was in trust companies, hedge funds, money market funds and other investment funds, which all posted double digit rates of growth

Banks asked to offer basic services to customers at all branches

Lenders nudged to cut charges and maintain uniformity

Banks step up borrowing via CDs amid deposit tightness; raise ₹77,875 cr

Outstanding CD issuance tops record ₹5.7 trn during the period

Fino Payments Bank will adopt a cautious approach to lending: MD & CEO

Fresh off its RBI nod, Fino Payments Bank plans a cautious but differentiated path as it transitions into a small finance bank-with digital scale, low-cost liabilities and secured lending at its core

Banks cut loan rates for retail segments after RBI's 25-bps repo cut

Lending rates linked to external benchmarks drop from Dec 6, offering relief to home, vehicle, and personal loan borrowers

RBI to maintain ample banking liquidity without targeting surplus levels

Net liquidity in the banking system was in a surplus of ₹2.6 trillion on Thursday, latest RBI data showed

Under pressure bank NIMs to squeeze further after RBI's 25 bps cut

Banks may face further margin pressure as repo-linked loan rates reset faster than deposits, though liquidity support and CRR cuts could soften the impact in Q4

RUGR Panorama AI Debuts at BFSI Insight Summit 2025: Ushering a New Era of Intelligent Banking

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In a first, complaints against private banks exceed PSBs in FY25

Private banks drew more complaints than state-owned lenders for the first time in FY25, as overall grievances under RBI's Ombudsman Scheme rose sharply

Loan growth, profitability seen improving for public sector banks

Public sector banks are poised for improved credit growth, lower stress costs and stronger profitability as margins stabilise and policy support boosts lending momentum

Big banks, or more agile banks? Sector ripe for disruption amid tech shift

As data, payments, and deposits shift to tech giants, regulators must rethink corporate ownership and competitive rules

Relax, enjoy the dawn of the AI era, and disregard frightening headlines

From 1980s fears over banking computerisation to today's worries about AI, the author argues that technological change inspires anxiety before it ultimately reshapes society for the better

Banks' good run on, but there are challenges despite profit growth

As a group, the PSBs showed better growth both in advances and deposits compared with their private peers. Will they be able to keep the momentum going and grow their market share?

Canara Bank to raise ₹3,500 crore via AT-1 bonds in FY's first issue

Canara Bank is set to raise up to Rs 3,500 crore through AT-1 bonds on November 25, likely the first such issue of the financial year, as falling yields revive activity in the domestic debt market

RBI's 10% Tier-I cap on acquisition financing restrictive, say bankers

Experts suggest 30% equity contribution should include preference shares and convertible instruments

Are banks still seeing a seasonality factor in deposits and credit?

The popular view is that the second half of the year sees a bump in credit on account of the festive and wedding seasons. We examine if the data backs up this perception