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Bank credit growth hits 11.5% YoY, outpacing deposits at 9.5% amid festive demand, GST cuts, and strong MSME activity according to Care Edge Ratings report.
Bank of Baroda reports Q2 net profit of Rs 4,809 crore with 8% YoY decline, while asset quality improves and NIM rises to 2.96%
Scheduled commercial banks recorded 11.3% YoY loan growth in Q2 FY26 with public sector banks leading at 14.5% increase, driven by retail and MSME lending momentum.
Kotak Mahindra Bank reports 2.7% dip in Q2 net profit to Rs 3,253 crore despite robust loan growth, improved asset quality and steady NII growth.
Government-backed ONDC appoints ex-Paytm executive Rohit Lohia as Chief Business Officer to drive digital commerce growth and ecosystem development.
New banking laws allow up to 4 nominees for deposits and lockers, ensuring transparent claim settlement and enhanced depositor protection starting November 1, 2025.
Parliamentary committee invites stakeholder feedback on Insolvency and Bankruptcy Code amendments targeting faster resolution processes and creditor-initiated insolvency.
IndusInd Bank refutes new investigation claims, asserts previous external agency probe covered Rs 255 crore accounting irregularities
Axis Bank reports 25% profit drop in Q2 due to RBI-advised crop loan provision, maintains stable asset quality and growth
NPCI partners with NTT DATA to enable UPI payments across Japan, enhancing digital transaction experience for Indian tourists.
Digital NBFCs surge in personal lending, reaching Rs 43,019 crore with 5.69 crore accounts and inclusive growth strategies
SBI's innovative digital lending scheme transforms MSME financing with rapid online approvals and tech-driven credit assessment in 2023-24
S&P Global Ratings reports Indian banks can withstand global volatility, rate cuts, and rupee depreciation due to strong corporate health and low tariff exposure.
IndusInd Bank reports 8% decline in net advances and 5% drop in deposits for Q2 FY26, with profit plunging 68% and NII down 14.2% year-on-year.
RBI maintains repo rate, announces growth-friendly measures to support MSME lending and economic resilience amid global challenges
Cabinet committee approves new MD & CEOs for Union Bank and Central Bank of India for 3-year terms following FSIB recommendations.
UAE regulator DFSA restricts HDFC Bank's Dubai branch from onboarding new clients due to concerns over its financial services and onboarding practices.
ICICI Bank to clear cheques within one working day starting Oct 4, 2025, aligning with RBI's new continuous settlement system for faster funds.
SBI completes divestment of 13.18% stake in Yes Bank to Japan's SMBC, marking the largest cross-border investment in India's banking sector.
Bank deposit growth exceeds credit offtake as corporate demand weakens and alternative investments rise. Credit-deposit ratio remains below 80% for 11th straight fortnight.
