Page 10 - Bs Web Reports

SBI wants to align growth plans with India's economic ambitions: CS Setty

At the Business Standard BFSI Insight Summit 2026, SBI Chairman CS Setty said the bank will focus on housing loans, corporate lending and MSME growth to support India's economic goals

Expecting 50 bps rate hike in Dec, may impact credit demand: SBI chief

Business Standard BFSI Insight Summit 2026: SBI Chairman CS Setty says higher rates could moderate discretionary spending and consumption credit

Small finance banks expand reach, but India's credit gap remains wide

After a decade of rapid growth, small finance banks are looking beyond their original mandate, even as they navigate microfinance stress and the challenge of building sustainable businesses

NBFC industry leaders flag funding gaps as smaller lenders struggle to grow

At the Business Standard BFSI Insight Summit 2026, NBFC industry leaders flag widening funding gaps between large and small lenders amid rising competition, evolving customer needs and economic risks

Clear loans, secure insurance before investing, says Harsh Roongta

Business Standard Smart Investor Arena 2026: Roongta said building a savings habit matters more than chasing returns early in one's career

Can a husband avoid paying maintenance by claiming he has no income?

Allahabad High Court has ruled that a husband capable of earning cannot escape his obligation to maintain his wife by citing unemployment or poor business performance

Wholesale funding key for Indian banks and NBFCs, says Fitch's Elaine Koh

At the Business Standard BFSI Insight Summit 2026, Fitch Ratings' Elaine Koh said wholesale and offshore funding will remain important for banks and NBFCs as credit demand outpaces deposit growth

Succession, transition a challenge for founder CEOs: Joydeep Sengupta

At the Business Standard BFSI Insight Summit 2026, McKinsey's Sengupta said that founders must balance long-term ambition, take calculated risks, and plan succession to ensure business continuity

Top bank chiefs urge shift from AI pilots to real-world use in banking

At the Business Standard BFSI Insight Summit 2026, bank chiefs from IndusInd Bank, RBL Bank and IDFC First Bank discussed how AI can transform lending, improve productivity and customer experience

Haryana electricity row: How a private licence triggered a statewide crisis

A 25-year licence for Eleven Power has put Haryana's power regulator and government at odds, raising concerns over parallel distribution and the financial health of state-run discoms

Global rate risks, capital outflows to weigh on Indian markets: Experts

At the Business Standard BFSI Insight Summit 2026, experts warned that high US yields, oil prices and AI-driven capital outflows could weigh on Indian markets, the rupee and bond yields

Australia to tighten visa character checks from October 31: What changes

The revised rules will give greater weight to community safety and domestic violence concerns, while reducing the importance of family, employment and community ties in Australia

Indian banks face tighter liquidity, rising risks, says Axis Bank CEO

At the Business Standard BFSI Insight Summit 2026, Axis Bank CEO Amitabh Chaudhry discussed tighter liquidity, credit growth, asset quality, and emerging risks for lenders

Mother has right to decide on birth of child with abnormalities: Madras HC

The court allowed termination of a pregnancy beyond 24 weeks after scans revealed foetal brain abnormalities, setting aside a medical board's refusal to approve the procedure

Tokenisation can unlock hidden wealth, cut borrowing costs: Mudrex CEO

Business Standard Smart Investor Arena 2026: Edul Patel said tokenisation could make assets such as gold, bonds and property easier to access and use as collateral

L&T Tech Services bags five-year Nokia contract to support R&D in India

The partnership will establish a dedicated offshore development centre in India, with work spanning 5G networks, AI-driven operations, software development and next-generation telecom infrastructure

Bankers hail RBI's FCNR(B) playbook as dollar inflows surge to $12.7 bn

At Business Standard's BFSI Summit, public sector bank chiefs discussed how RBI's swap support, leverage and overseas outreach helped mobilise FCNR(B) deposits, highlighting need for risk management

Rahul Gandhi acquitted in defamation case over remarks against Amit Shah

The case stemmed from remarks allegedly made by Rahul Gandhi during the 2018 Karnataka Assembly election campaign, when he referred to Amit Shah, then BJP president, as an accused in a murder case

Flat buyers shouldn't be made to suffer for lapses of govt authorities: SC

SC ruled that flat buyers who relied on official records cannot be made to suffer for authorities' lapses, directing Tamil Nadu to provide an alternative site to 20 flat owners before demolition

No new software developed: EC cites 'trade secrets', withholds SIR details

ECI has cited trade secrets and intellectual property to deny disclosure of the software used in the voter roll revision, saying registration officers decide inclusion or exclusion based on records