Indian Banks

Nomura sees re-rating potential in Indian Banks; Axis, ICICI, SBI top picks

The brokerage argued that the profitability downcycle, marked by several quarters of net interest margin (NIM) compression and elevated credit costs, is now behind the sector.

Corporate loan growth to hit double digit, ₹7 trn credit in pipeline: SBI

With the pick-up in economic activity, State Bank of India (SBI) is seeing a clear revival in corporate credit demand and expects the segment to hit double-digit growth over the remaining two quarters of the current financial year, the bank's Chairman C S Setty said. As far as the pipeline for corporate credit is concerned, he said, "The bank has a strong pipeline. We have about Rs 7 lakh crore loan sanctions, a mix of unutilised working capital limits and term loans that are currently under disbursement." Besides, includes several project loans that are presently under discussion, he told PTI in an interview. So, the corporate credit, which was lagging for quite some time, witnessed a turnaround with 7.1 per cent growth in Q2, he said, adding, "Our guidance on the corporate credit would be the lower double digit in the two quarters with the available pipeline". Improving economic activity is also pushing up working capital utilisation, which is becoming stronger with each passing

Digital banking cannot be made mandatory to access other services: RBI

RBI's new digital banking rules mandate explicit customer consent, prohibit banks from forcing digital channels for accessing other services and tighten risk controls

Indian banks consider financing Russian oil from non-sanctioned sellers

India's oil-buying patterns are in the spotlight as Washington raises the pressure against Moscow over the war in Ukraine, while at the same time promoting talks aimed at ending the conflict

RBI doesn't target rupee level, fall due to dollar demand: Guv Malhotra

The RBI Governor says rupee's fall is due to dollar demand, not policy moves, assures strong forex buffers and highlights improving strength of Indian banks

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

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

Banks move to '.bank.in' domain from '.com': Here's why RBI made the change

Starting October 31, the Reserve Bank of India asked all banks to move their websites to the new '.bank.in' domain to stop phishing scams

Private lender IndusInd Bank appoints Amitabh Kumar Singh as new CHRO

IndusInd Bank has appointed Amitabh Kumar Singh, a former ICICI Group executive, as its Chief Human Resources Officer, effective November 10, as part of its leadership expansion drive

Margin squeeze takes a toll on banks' profit in Q2FY26, shows data

Hardening yields limit contribution from Treasury gains

Govt urges banks to deepen presence in IIBX, expand GIFT City operations

The senior government official further noted that the intent is to strengthen the ecosystem around IIBX and ensure that banks play a larger role in facilitating bullion trade and related financial flo

Public sector banks take up tech upgrade to streamline operations

Banks complete data migration for branches and ATMs; new tech to enhance mapping, oversight and financial inclusion efforts

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

J&K Bank sees margins gradually improve if rates hold steady: MD & CEO

MD & CEO Amitava Chatterjee says half of J&K Bank's loan book will come from branches outside the Union Territory within two years, as the lender diversifies after recent disruptions

Global banks bet billions on deals in India amid US credit jitters

Foreign investors are pouring billions into Indian banks, betting on the country's growth and stability even as global peers grapple with credit losses, trade tensions, and rising financial risks

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

Banks may post subdued quarterly results amid rate cuts, weak loan demand

Analysts forecast private banks to post a year-on-year decline in profit in the September quarter, while net interest income (NII) may see only a marginal uptick

Domestic savings challenge may constrain banks' private sector funding: S&P

Banks are likely to rely more on wholesale domestic and international debt for funding as deposits come under pressure, the rating agency said in a statement

Banks like SBI well versed to handle acquisition financing: C S Setty

Days after the Reserve Bank's decision to allow banks to allow acquisition financing, SBI chairman C S Setty on Wednesday said entities like the country's largest lender are "well versed" to handle the upcoming line of business. He said the shift to an expected credit loss (ECL) based system of asset provisioning will not impact the balance sheets of banks, given the extended transition period given by the central bank. "We have been doing outbound merger and acquisition financing for Indian corporates acquiring overseas entities. I think banks like SBI are well versed in acquisition financing," Setty told reporters on the sidelines of the annual Global Fintech Fest (GFF) here. It is worth noting that the Reserve Bank had announced a decision to allow banks to engage in acquisition financing, following a public request made by Setty itself a few weeks ago. On the ECL, where the central bank announced the final guidelines on Tuesday, the SBI chairman said the country's largest lende

Indian banks' business correspondent channel set for major overhaul

The rejig of the world's largest field channel of agents is to be based on the findings of a study conducted by the National Institute of Bank Management under the auspices of the central bank

Bank holidays from Sept 29 to Oct 5, 2025: Check complete list of closures

Bank Holiday: The RBI states that regional and national holidays, such as Gandhi Jayanti, Dussehra, Maha Ashtami, and Maha Saptami, will impact banking services from September 29 to October 5, 2025