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INDIAN BANKING SECTOR
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 ...- 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...
- 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...
- Rupee may slip on oil, risk-off mood; RBI once again expected to ride to rescueThe Indian rupee is likely to experience a lower opening on Wednesday amidst climbing oil prices and increasing U.S. Treasury yields. The s...
- These 7 bank stocks have an upside potential of up to 27% in one year, according to analystsConsider how things have panned out for the banking sector in Q1 FY27. The quality of loan books has improved. Though credit growth was not...
- Kotak Mahindra Bank raises $650 million in debut dollar bond saleKotak Mahindra Bank raised $650 million through its debut five-year dollar bond, pricing notes at 108 basis points over US Treasuries. Stro...
- Sensex drops over 490 points, Nifty closes near 24,150 as Mideast peace hopes fade. More pain ahead?Indian equities extended their losing streak, with the Sensex falling 493 points and Nifty declining 133 points amid fading Middle East pea...
- Axis Bank expands corporate play beyond loans, shuns price warAxis Bank is broadening its corporate banking services beyond just lending. The lender targets fee income and low-cost deposits from corpor...
- India’s microfinance overhang is finally easing as debt-stressed borrowers fallThe number of microfinance borrowers with multiple loans has significantly decreased. These borrowers still hold substantial outstanding lo...
- 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...
- ICICI Bank raises $750 million as Indian banks tap dollar bond marketICICI Bank raised $750 million through five-year dollar bonds at 105 basis points over US Treasuries, marking its second dollar issuance in...
- 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...
- Indian Bank plans to garner $400 million via ECB this week: MD Binod KumarIndian Bank plans to raise $400 million via External Commercial Borrowings this week. The bank may raise an additional $600 million through...
- PM Modi highlights aviation growth, MRO jobs in Independence Day speechPrime Minister Narendra Modi highlighted India's rapidly advancing aviation sector. This growth creates significant employment for skilled ...
- Independence Day 2026: The companies India built for business backbone enter a new chapter2026 Independence Day: India's public sector, initially built for industrial necessity, is now undergoing a significant transformation. The...
- ICICI Bank seeks to raise $1.45 billion loan from a BofA-led consortiumICICI Bank is aiming to secure an impressive loan of $1.45 billion, set to unfold over a four-year period. Bank of America is spearheading ...
- MFs cut PSU bank exposure, raise bets on IT, auto & pharma in JulyIn July, fund managers recalibrated their blue-chip stock portfolios, focusing on select sectors like IT, automotive, and pharmaceuticals f...
- 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...
- Banks continue to garner FCNR deposits at a brisk paceIndian banks are attracting foreign currency deposits at a brisk pace. Indian Bank and Central Bank of India have garnered substantial fore...
- Vodafone Idea engaged with SBI-led consortium for debt funding: CEOThe telecom operator Vodafone Idea is in the process of raising capital from a mix of public sector and private lenders, showcasing signifi...
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