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Careedge Rating News - Latest Updates & Headlines

SCBs post 1.4 pc surge in net profit in Q2FY26 led by PSBs

New Delhi, Nov 28: The net profit of Scheduled Commercial Banks (SCBs) grew marginally by 1.4 per cent year-on-year in Q2FY26, with gains driven by fee income, reduced provisions, and controlled operating expenses, even as margins compressed, a report said on Friday.

India's banking sector poised for stronger performance: Report

Mumbai, Nov 27: The Indian banking industry is poised for a stronger performance in the second half of FY26, supported by improving macroeconomic conditions, easing funding costs, benign asset quality and early signs of a consumption rebound. Banks anticipate a stable credit growth and margins, and sustained asset quality, reinforcing confidence in the sector's resilience, according to a report on Thursday.

Non-American markets fuel India's shrimp export jump 2025-26: Report

New Delhi, November 22: India's shrimp export sustained healthy growth during the first five months of FY26, with total export value rising 18 per cent year-on-year to USD 2.43 billion, supported by an 11 per cent increase in shipment volumes to 3.48 lakh metric tonnes (LMT), according to a report by CareEdge Ratings.

RBI may intervene to manage rupee volatility: Report

New Delhi, Sep 24: As the Indian rupee fell below the 88 mark against the US dollar amidst tariff concerns and FII outflows, Reserve Bank of India is likely to intervene to manage excessive volatility, a report said on Wednesday.