PNB to focus on Retail, Agriculture, MSME advances, CASA deposits to boost profitability: MD Ashok ChandraPunjab National Bank is set to prioritize retail, agriculture, and MSME lending, alongside boosting low-cost deposits to fuel growth. MD an...
27 Jun, 2026, 11.48 AM IST
India's growth story not recognised by global rating agencies: Piyush GoyalCommerce Minister Piyush Goyal has publicly questioned the fairness of global credit rating agencies like S&P, Moody's, and Fitch, stating ...
27 Jun, 2026, 12.21 AM IST
India well-poised for rapid growth despite risks from West Asia war and El Nino: ITCDespite facing geopolitical instability and weather-related challenges, India's economy is expected to grow robustly at 6.9% in FY27. This ...
26 Jun, 2026, 08.55 PM IST
Banks' credit steady at 17.7%, deposits ease to 12%: RBIBank credit growth stayed steady at 17.7% for the fortnight ended June 15, unchanged from the previous period, while deposit growth eased s...
26 Jun, 2026, 07.13 PM IST
India Inc profit hit from West Asia tensions to halve if truce holds, Crisil saysCorporate India's profitability impact from the West Asia conflict is now expected to be half of initial fears, with Crisil Ratings predict...
26 Jun, 2026, 03.22 PM IST
India's active credit cards cross 120 million in MayIndia’s credit card market crossed 120 million active cards in May, driven by strong new additions even as spending growth slowed, accordin...
26 Jun, 2026, 12.46 AM IST
Strong balance sheets help India Inc absorb West Asia fallout: CrisilA stress test by Crisil Ratings covering 34 sectors that account for 65% of its rated corporate debt suggests that India Inc remains broadl...
25 Jun, 2026, 05.57 PM IST
SBI Cards tops credit card additions in May as industry hits 12 crore milestone; spends grow 6.3% YoYIndia's credit card sector has surpassed 12 crore cards, with new additions surging 33.7% year-on-year in May 2026. Despite robust cardhold...
25 Jun, 2026, 04.38 PM IST
India's retail lending sector entering multi-decade growth cycle driven by digital transformation, financial inclusion: ReportIndia's retail lending sector is poised for decades of growth, fueled by digital innovation, financial inclusion, and rising incomes. Housi...
25 Jun, 2026, 12.38 PM IST
Areion Assets Management launches $60 million AIF to tap India's special situations marketAreion Assets Management has launched a $60 million Category III AIF from GIFT City targeting India’s special situations market. The fund w...
25 Jun, 2026, 11.00 AM IST
S&P upgrades Bharti Airtel to 'BBB+' on strong India, Africa growth and debt reduction prospectsBharti Airtel's credit rating has been boosted to 'BBB+' by S&P Global Ratings, reflecting robust earnings growth anticipated in India and ...
24 Jun, 2026, 10.52 PM IST
Banks boost renewable energy credit by 7% in April amid energy security concernsBanks are boosting credit to renewable energy projects, with a 7% jump in April, as global conflicts highlight India's reliance on oil. Thi...
24 Jun, 2026, 10.42 AM IST
RBI's FCNR push may boost banks' deposit growth: CrisilForeign currency deposits are poised for a boost as the RBI removes interest rate caps on certain non-resident accounts until September. Th...
23 Jun, 2026, 09.06 PM IST
Gold loans surge in Retail Mix; NBFCs outpace banks in market share gains: Experian reportA report by credit bureau Experian shows that gold loans have become a major driver of India’s retail credit growth, with their share in th...
23 Jun, 2026, 08.04 PM IST
RBI allows guarantee cover for TReDS financing in fresh directionsThe Reserve Bank of India has enhanced credit access for MSMEs by allowing financiers on TReDS platforms to secure guarantee cover for fina...
23 Jun, 2026, 05.40 PM IST
MSMEs nursery of entrepreneurship, key to Viksit Bharat vision: RBI Guv Sanjay MalhotraRBI Governor Sanjay Malhotra lauded MSMEs as crucial for India's growth, highlighting their role in entrepreneurship and employment. He not...
22 Jun, 2026, 05.53 PM IST
Indian banks turn cautious on MSME lending as stress signals emerge: ReportIndian banks are becoming more cautious about lending to MSMEs as early signs of stress emerge in the sector. According to a 360 ONE Capita...
21 Jun, 2026, 11.41 PM IST