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INDIA CREDIT GROWTH
Will evaluate possible separation of financial services biz: TVS Motor Co ChairmanTVS Motor Company is exploring options for its financial services arm. The company chairman mentioned a possible separation to unlock share...
Purple Finance to acquire Saksham Gram Credit for rural expansionPurple Finance plans to acquire Saksham Gram Credit for rural market expansion. The company also secured equity funding of Rs 108 crore for...
FincFriends reports Rs 999 crore revenue, 43% AUM growth in FY26According to audited financials, FincFriends Private Limited reported Assets Under Management (AUM) of Rs 875 crore, representing 43% year-...
Punjab National Bank eyes ambitious target to break into world's top 100Punjab National Bank is setting its sights on breaking into the elite group of the world's top 100 lenders in the near future. With a signi...
Punjab & Sind Bank eyes Rs 4 lakh cr business by FY29: Lender bets big on technology transformationPunjab & Sind Bank is setting ambitious goals, aiming for a staggering ₹4 lakh crore in business by the fiscal year 2028-29. The bank proje...
Cause for concern? HDFC Bank is lagging ICICI Bank where it matters as investors count Rs 5 lakh crore lossHDFC Bank's stock has declined significantly this year, losing considerable investor value. Analysts note a widening operating gap between ...
India's private banks draw thinner margins on tepid credit growthTop private sector banks reported weaker net interest margins (NIMs) in the June quarter as sluggish retail loan demand pushed them towards...
Credit-deposit gap to persist as loan demand dynamics have changed, says SBI ResearchA noticeable gap between credit and deposit growth is troubling the banking landscape. Consumers are shifting their savings from traditiona...
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...
India Inc is returning to banks for money, but retail borrowers aren’t keeping paceIndia’s largest private banks are witnessing a shift in credit demand, with corporate and SME lending driving loan growth while retail borr...
Kotak Mahindra Bank shares fall over 3% despite Q1 profit growth. Analysts weigh inKotak Mahindra Bank shares fell after reporting a strong profit increase for the first quarter. Net profit rose 26% year-on-year, and net i...
Rs 91,000 crore wipeout: What spooked HDFC Bank, Axis Bank and Kotak investors even as credit growth picked up?Nearly Rs 91,000 crore was wiped off the market value of HDFC Bank, Axis Bank and Kotak Mahindra Bank as stronger credit growth failed to o...
BBBump it up, boys! The great Indian economic rating puzzleIndia's fiscal discipline has improved significantly, supported by strong economic growth. Government deficit has narrowed while growth con...
Trade, NBFC credit to remain fastest-growing lending segments: ReportTrade and NBFC credit are expected to remain among the fastest-growing segments of India's banking system, supported by rising formalisatio...
West Asia crisis, uncertain monsoon major risks for growth: RBI Governor Sanjay MalhotraReserve Bank Governor Sanjay Malhotra noted West Asia crisis and weak monsoon pose growth risks. India's economy grew over seven percent re...
Lending, deposit rates likely to ease gradually as funding costs soften: CareEdgeLending and deposit rates will likely moderate gradually in coming months. High-cost legacy deposits are maturing, and liquidity remains co...
Bank credit growth at two-year high at 18.6% as debt market turns costlierBank credit expanded significantly in the fortnight ending June 30. Deposit growth also showed a healthy increase during the same period. T...