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BANKING CREDIT DATA JUNE
Bank credit to industry up 19%, personal loans stay strongBanking credit to industry saw a robust 19% year-on-year increase. Personal loan growth also remained strong, expanding 16% compared to las...- Loan growth remains strong, shows latest RBI sectoral dataBanking credit to industries showed robust growth, increasing 19.2 percent year on year. Personal loan growth also remained strong, rising ...
- ICRA Q1 Results: Profit rises 32% YoY to Rs 56 croreICRA Ltd reported a 32 percent net profit increase for the first quarter. Revenue from operations also saw a significant 31.2 percent year-...
- Axis, Kotak Mahindra raise charges for overseas card transactionsAxis Bank will increase the DCC fee on its credit cards to 3.5% from 1.5%, effective August 28, 2026, according to the bank's revised terms...
- Gold edges higher as markets weigh Warsh's inflation message after Fed decisionGold prices saw a slight increase as markets evaluated Federal Reserve comments. The central bank maintained interest rates, leaving future...
- Cyber fraud cases tripled between 2020 and 2024, Govt tells Rajya SabhaCyber fraud cases have nearly tripled in India since 2020. Telangana recorded the highest number of these cases in 2024. Online banking fra...
- Pine Labs signs six lenders for AI underwriting tool; to launch expense cardsPine Labs is launching an AI underwriting tool and new employee benefit cards. The company is expanding its services beyond payment process...
- 5 credit cards with complimentary airport lounge access without any minimum spend criteria in 2026: One of them is lifetime freeLooking for credit cards with free airport lounge access? Check these 5 credit cards that still offer complimentary domestic or internation...
- Canara Bank to frontload ECL provisioning, plans ₹8,000 cr capital raiseCanara Bank will frontload expected credit loss provisioning within two years. The bank revised its provisioning projections upward to ₹12-...
- Minimum balance charges swell pvt banks' coffers by nearly Rs 5,000 cr in FY26Private banks collected over Rs 4,900 crore from account holders for minimum balance failures. Public sector banks also gathered Rs 2,100 c...
- Bank of Baroda data breached: Is your account in danger? 7 things you can do to protect your accountBank of Baroda confirmed a data breach originating from a compromised employee email account. The lender insists its core banking systems r...
- Bank of Baroda Data Leak: Compromised employee email linked to alleged 1TB data leak on darknetBank of Baroda said its recent data leak resulted from the compromise of a single employee's email account and did not affect its core bank...
- Bank of Baroda data reportedly leaked on dark webSensitive Bank of Baroda data has reportedly been hacked and released. About one terabyte of personal and corporate banking details appeare...
- Cards continue to fly; credit goes to the big playersThe additions were led, once again, by the country's largest issuers. HDFC Bank topped the list, adding 163,000 net new credit cards and ed...
- Charting the global economy: Growth picks up, AI boom continuesUS unemployment claims reached a near 60-year low, signaling a stable labor market. The European Central Bank rejected an immediate rate hi...
- CreditAccess Grameen Q1 net profit jumps 8-fold to Rs 493 crCreditAccess Grameen reported an eight-fold increase in profits during the first quarter, driven by improved ground-level repayment rates a...
- Bank credit growth eases to 17.7% in fortnight to July 15Bank credit growth saw a slight deceleration to 17.7 percent year-on-year. Deposit growth also moderated to 12.7 percent in the same period...
- Banking liquidity hits lowest since June 29; RBI data reveals Rs 2,884 crore deficitMumbai banking system liquidity has fallen to its lowest point since late June. This deficit is attributed to increased credit growth and c...
- NY Fed survey finds highest credit application rate in nearly five yearsAmericans’ demand for new credit hit a near five-year high in June, according to New York Fed data. While applications for credit cards and...
- Corporate loan growth outpaces retail advances at top private banksCorporate lending at top Indian private banks surged significantly in the June quarter. This corporate loan growth far outpaced retail cred...
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