Axis Bank reported a 22.7% YoY rise in gross advances to Rs 13.846 lakh crore in Q2, while total deposits grew 20.7% to Rs 14.521 lakh cror...

Indian banks significantly decreased the issuance of certificates of deposit, lowering outstanding amounts by ₹1.3 lakh crore. This change ...

From a loan growth perspective, state-run banks' advances growth remained in the range of 12.59-29.83 per cent year-on-year in Q2, while pr...

Axis Bank’s gross advances rose 22.7% year-on-year to Rs 13.846 lakh crore by September 30, 2026, while deposits increased 20.7% to Rs 14.5...

Kotak Mahindra Bank’s net advances rose 24.7% year-on-year to Rs 5,77,094 crore by September 30, 2026, while total deposits increased 23.2%...

The RBI could raise the repo rate by 25 basis points in October and signal further tightening as inflation, elevated crude prices and a nar...

RBI is expected to raise the repo rate by 25 basis points in October, with one or two more hikes possible in FY27, taking the benchmark rat...

Foreign currency non-resident inflows have significantly bolstered rupee stability and India's balance of payments. However, the current su...

In the second quarter, several Indian banks reported that credit growth outpaced deposit growth significantly. Canara Bank experienced a cr...

In light of anticipated increases in benchmark interest rates by the Reserve Bank of India, Mumbai's banking sector appears poised for adva...

Bank shares have endured steep declines as investors brace for imminent interest rate hikes from the RBI. Some analysts suggest that the re...

When it comes to Non-Resident External (NRE) and Non-Resident Ordinary (NRO) fixed deposits, understanding their distinct tax implications ...

Reserve Bank Deputy Governor Rohit Jain stated that banks are expected to deploy additional liquidity from FCNR(B) deposits. This deploymen...

RBI revised FCNR(B) deposit collections upwards to USD 133 billion. The scheme's closing date was advanced by one month following a strong ...

The Reserve Bank of India said foreign exchange inflows under its special USD-INR forex swap facility rose to USD 143.596 billion as of Aug...

A notable achievement for Indian banks occurred as they received USD 127 billion through a dedicated deposit scheme. This influx has signif...

HSBC forecasts that foreign currency deposits will significantly enhance its operations in India. By securing $14.5 billion through a speci...