No takers: Public sector banks put ₹39,000 cr of bad loans up for sale againPublic sector banks offered many bad loans previously for sale. Nearly eighty percent of these loans were repeat sale attempts. Indian Over...
20 Aug, 2026, 12.49 AM IST
AI in Indian banking: Why technology may reshape jobs, not replace bankersIndia’s banking sector is entering an AI-driven transition, with private banks cutting headcount even as public sector hiring offsets some ...
19 Aug, 2026, 11.03 PM IST
Sitharaman asks public sector banks to get ‘cool’ for Gen Z with courses, lifestyle perksFinance Minister Nirmala Sitharaman wants public sector banks to appear more appealing to young customers. She urged banks to engage direct...
19 Aug, 2026, 05.07 PM IST
Public sector banks have ‘considerable strength’, says FM Sitharaman; asks them to use it with ‘greater ambition’Finance minister Nirmala Sitharaman said public sector banks are operating with “considerable strength” and urged them to use it with “grea...
19 Aug, 2026, 09.42 AM IST
Finance Minister Nirmala Sitharaman urges PSBs to sharpen youth outreach, build ahead of demandFinance Minister Nirmala Sitharaman urged public sector banks to attract young customers. She suggested a focused 'Banking for Youth' campa...
19 Aug, 2026, 09.42 AM IST
RRBs' gross loans rise 10.3 pc to Rs 5.78 lakh crore in FY26; PSL achievement at 91.7 pcRegional Rural Banks saw gross loans rise 10.3 percent to Rs 5,78,349 crore. Their performance under Priority Sector Lending targets remain...
18 Aug, 2026, 10.43 PM IST
Rupee, price tailwinds for Indian exporters may fade in H2FY27: NuvamaIndian exporters may see revenue tailwinds from rupee depreciation fade soon. Elevated prices and currency depreciation supported export gr...
18 Aug, 2026, 09.39 PM IST
Banking sector in strongest position to undertake reforms, high-level panel coming soon: FM SitharamanFinance Minister Nirmala Sitharaman on Monday said India’s banking sector is in its strongest position to undertake the next phase of refor...
18 Aug, 2026, 12.02 AM IST
Banking leaders urged to shape reforms as government readies panel for Viksit Bharat 2047Finance Minister Nirmala Sitharaman said the government will soon set up a high-powered committee to chart the banking sector's role in bui...
17 Aug, 2026, 12.33 PM IST
Sebi broadens scope of online bond platforms, permits IFSCA-regulated products and tax-saving bondsSEBI has expanded the scope for Online Bond Platform Providers (OBPPs), allowing them to offer IFSCA-regulated products and specific tax-sa...
14 Aug, 2026, 08.39 PM IST
BofA to invest $1.9 billion for 49.9% stake in Jio Financial NBFC unitBank of America is making headlines with its planned acquisition of a substantial 26.5 percent interest in Jio Credit. This deal, involving...
12 Aug, 2026, 09.28 PM IST
ideaForge Technology shares drop over 9% in two days. JM Financial downgrades ratingideaForge Technology shares fell 9.5% over two days after JM Financial downgraded the stock to Add from Buy, citing valuation concerns foll...
12 Aug, 2026, 12.02 PM IST
Vecton AI raises Rs 6 crore in pre-seed funding led by Zeropearl VC to help financial institutions with AI transformationThe investment will strengthen Vecton's transformation model, enabling financial institutions to accelerate enterprise AI adoption and unlo...
11 Aug, 2026, 02.10 PM IST
CEA flags AI risks, warns against exclusionIndia must proactively address AI safety and security, especially within the financial sector. Chief Economic Advisor V Anantha Nageswaran ...
08 Aug, 2026, 12.51 PM IST
Banks or NBFCs? DSP's Preethi R S explains where she sees the best opportunitiesDSP Mutual Fund’s Preethi R S remains constructive on India’s financial sector, favouring lenders with strong deposit franchises, disciplin...
08 Aug, 2026, 11.30 AM IST
Financial sector must build safeguards against AI risks before using it: CEAThe financial sector cannot afford to ignore emerging AI-related threats until they become a reality, he said at an event organised by indu...
07 Aug, 2026, 07.49 PM IST
Financial sector can't afford to ignore AI risks, CEA V Anantha Nageswaran warnsChief Economic Adviser V Anantha Nageswaran urged financial institutions to prioritize AI security. He warned against waiting for AI threat...
07 Aug, 2026, 07.19 PM IST