Page 2 - Indian Banking Sector

Banks increasingly looking towards retail customers, says K V Kamath

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

India's financial services sector is the biggest, strongest ever: DFS secy

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'

Regulatory reform, capital depth draw global banks to India, say CEOs

At the Business Standard BFSI Insight Summit, CEOs of Citi, HSBC, and Standard Chartered say India's regulatory clarity and deepening markets are strengthening its appeal for global banks

India needs bigger, more global-scale banks for 2047 goal: Banking leaders

To achieve Viksit Bharat goal, India must build more globally-scaled banks with robust financial strength, deep talent pool, and tech sophistication, said experts at Business Standard BFSI Summit 2025

Banks, capital markets to drive India's next growth phase, says KV Kamath

At the Business Standard BFSI Insight Summit 2025, Non-Executive Chairman of Jio Financial Services KV Kamath said country's financial ecosystem has evolved to give consumers greater choice

The changing turf for foreign banks amid selective opening, scrutiny

The move is towards opening up the sector, but selectively, with regulatory scrutiny and special approval

ECL framework to improve banks' overall credit culture: Indian Bank CEO

We are targeting double-digit growth of 13-15 per cent in the next two years, and in the last two years, we have grown more than that, said Indian Bank's CEO Binod Kumar

Nifty Bank outlook: Goldman Sachs expects index to outrun Nifty near-term

Goldman Sachs expects Nifty Bank to outperform Nifty50 in the near-term, aided by easing regulatory norms and better liquidity

Dubai's Emirates NBD eyes majority control in RBL Bank for ₹15,000 cr

Emirates NBD is expected to buy around 26 per cent stake from institutional investors and then make an open offer for an additional 25 per cent, Mint reported

Bank unions slam move to open top PSB roles to private candidates

UFBU calls the move to allow private candidates for top roles in state-run banks and insurers a de-facto privatisation of leadership in public institutions

PSBs continue to grab higher share in incremental credit growth: RBI

Bankers said the increase in market share in the last 18 months is the outcome of a combination of factors like changes in macro environment

RBI signals openness for licences for new urban cooperative banks

RBI to issue a discussion paper on licensing new UCBs, citing stronger financial performance, better compliance and demand from stakeholders for wider financial inclusion

RBI allows Indian lenders to fund acquisitions of Indian corporates

RBI permits banks to finance mergers and acquisitions of Indian corporates, expanding capital market lending opportunities but raising concerns over leverage and ALM risks

RBI eases rules by dropping overlap curbs on banks, group entities

RBI has removed proposed restrictions on business overlaps between banks and their group entities, giving operational freedom and boosting major lenders with NBFC arms

Benefits of AI should not overshadow prudent risk management: RBI dy guv

RBI Deputy Governor M Rajeshwar Rao said AI adoption in banking must be measured and responsible, stressing strong governance, ethical use and alignment with long-term stability

IBPS PO Prelims result 2025: How to check results, cut off and next stage

The IBPS PO Prelims Result 2025 is expected in the last week of September. Scorecards for those who took the test are available for download at ibps.in. The exam was held on August 17, 23, and 24

Japan's SMBC completes 20% acquisition in Yes Bank, becomes top stakeholder

In May, SBI and seven private sector banks that had invested in Yes Bank during its reconstruction in March 2020, decided to sell a 20 per cent stake for ₹13,482 crore to SMBC

Corporate credit growth to revive in H2 FY26, says Crisil Ratings

Crisil Ratings expects bank credit growth to accelerate in H2 FY26 to 11-12%, driven by retail loans and NBFCs, with corporate credit growth rebounding to 9.7%

Banks step up focus on fee-based income; treasury gains come under pressure

Further, bankers said that there is still room to reduce rates on term deposits, and bulk deposit rates have already declined

IndusInd Bank refutes ex-CFO Gobind Jain's allegations against chairman

IndusInd Bank has rejected allegations made by its former CFO, Gobind Jain, against Chairman Sunil Mehta, calling the claims meritless and part of an attempt to deflect accountability