India Banking News - Latest Updates & Headlines
Loan growth in India to be strong in Q3 FY26 with improved net interest margins
New Delhi, Dec 27: System loan growth has picked up and Q3 FY26 is expected to show better loan growth and improved net interest margins, a report said on Saturday.
MSME credit drives bank loan growth as govt guarantees and Udyam push boost lending: Report
New Delhi, December 19: Credit to micro, small and medium enterprises (MSMEs) has emerged as a key driver of bank loan expansion in recent years, supported by strong policy measures, government-backed credit guarantees and wider formalisation through the Udyam registration framework, highlighted a report by Axis Bank.
HDFC Bank gets 1 year RBI approval for up to 9.5 pc stake in IndusInd Bank
New Delhi, Dec 16: HDFC Bank has received approval from the Reserve Bank of India (RBI) to allow its group entities to collectively hold up to a 9.50 per cent stake in IndusInd Bank.
Financial inclusion, digital transformation are India's big success stories: DFS Secretary
Mumbai, Nov 19: India’s strong push toward financial inclusion and digital transformation has become one of the country’s biggest achievements in recent years, M. Nagaraju, Secretary of the Department of Financial Services (DFS), has said.
India's public sector banks resilient amid US tariffs, private lenders lose market cap
New Delhi, Oct 6: Private sector banks in India slipped in market capitalisation during the July–September quarter (Q2 FY26), as trade uncertainties dragged on market sentiment, according to a new report on Monday, adding that public sector banks (PSBs) gained during the three-month period, staying resilient against external pressures.
Generative AI set to improve banking operations in India by 46%: RBI Report
New Delhi, August 14: Generative Artificial Intelligence (AI) has the potential to improve banking operations in India by up to 46 per cent, according to a report by the Reserve Bank of India (RBI).
India's banking sector slated for key turnaround in Q3: Report
Mumbai, July 24: The third quarter (Q3) of FY26 is likely to mark a turning point for India’s banking sector, as net interest margins (NIMs) are expected to stabilise and earnings begin to recover, a new report said on Thursday.
SBI's balance sheet size bigger than GDP of 175 countries: Data
New Delhi, July 1: The State Bank of India (SBI) currently adds 1.1 per cent of global GDP and 16 per cent of India's GDP, the nation's largest bank said on Tuesday, adding that in all the government-sponsored social security schemes implementation, the bank now holds more than 25 per cent share.
Bank deposits grew by 10% in FY25, growth decline from 13% recorded in FY24: RBI Data
New Delhi, June 2: The growth of bank deposits in India slowed down to 10.6 per cent year-on-year in the financial year ended March 2025 as compared to 13 per cent in the previous fiscal, according to new data released by the Reserve Bank of India (RBI).
Financial inclusion: India's business correspondent sector to cross Rs 147 billion in FY25
New Delhi, April 4: Driven by rising rural banking demand, government-led financial inclusion schemes, and digital innovation, India’s business correspondent sector was set to surpass Rs 147 billion in FY25, a report showed on Friday.
Banking Laws (Amendment) Bill is just paper reform: Raghav Chadha
New Delhi, March 26: Aam Aadmi Party MP Raghav Chadha criticised the ‘Banking Laws (Amendment) Bill, 2024’ during discussion in the Rajya Sabha on Wednesday, terming it a ‘paper reform’ that fails to address the real issues faced by the common people.
India's banking sector on recovery path, credit up to 11.4%, deposit up to 10.3% in Jan: Report
New Delhi, March 3: After witnessing a downward trend since April 2024, credit growth in India has shown signs of recovery, rising to 11.4 per cent in January 2025, compared to 11.2 per cent in December 2024, according to a report by Anand Rathi Research.