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Bank lending rises as corporate bond fundraising falls amid higher yields: Finance MinistryBank lending witnessed a significant surge during April-August FY27, contributing to financial resources for businesses. Non-food bank cred...
Indian households shifting spending towards non-food items, services as consumption patterns evolve: ReportIndian household consumption is likely to become increasingly diversified, with spending gradually moving beyond food essentials towards no...
Bank of Baroda's Q2 profit surges 36% YoY on NSE stake saleIn a remarkable financial performance, Bank of Baroda reported a staggering 36% rise in net profit for the second quarter, reaching ₹6,532 ...
FCNR bounty in Q2 masks bank issues in growing depositsAn analysis of 10 banks shows that reported deposit growth averaged 21.1% year-on-year during July-September. However, excluding the specia...
India lifted 496 million people out of poverty between 2011 and 2023, says World BankBetween 2011 and 2023, India successfully elevated about 496 million people from poverty, showcasing a significant reduction in those livin...
Bank of Baroda Q2 profit jumps 36% to Rs 6,532 crore on NSE stake saleBank of Baroda reported 36% year-on-year profit growth to Rs 6,532 crore in Q2FY27, boosted by NSE stake sale gains and higher interest inc...
Bank loans against fixed deposits surge 53% to Rs 2.17 lakh crore on FCNR-B leverage playBy the close of September, loans against fixed deposits experienced a striking 53% year-on-year spike, reaching Rs 2.17 lakh crore. The dem...
Govt sets up banking committee under Suresh N Patel to chart reforms for Viksit BharatThe government on Friday constituted a High Level Committee on Banking for Viksit Bharat, appointing former Central Vigilance Commissioner ...
Bank credit growth outpaces deposits at 17.94% as festive demand picks upBank credit expanded significantly, reaching Rs 232.54 lakh crore by mid-October 2026, showing a strong 17.94 percent growth. In contrast, ...
India records one of the fastest poverty declines in the world, poverty down from 27.1% to 2.6%: World BankIndia has seen a significant decline in poverty, with the rate dropping from 27.1 percent to 2.6 percent. Approximately 496 million people ...
Rs 210-crore bank fraud case: CBI books Chandra Proteco and its directorsThe CBI has registered an FIR against Chandra Proteco Limited and its directors over an alleged bank fraud of Rs 210.13 crore involving fiv...
Kotak Bank shares gain 30% since April as earnings outlook brightensKotak Mahindra Bank shares experienced a significant rise, reaching a record high as growth prospects improved. The stock has shown a subst...
ESAF Small Finance Bank posts Rs 160 crore Q2 profit as asset quality improvesESAF Small Finance Bank reported a net profit of Rs 160 crore in Q2, reversing a Rs 116 crore loss in the year-ago period. Improved margins...
Manjhi releases 1,000 crore under PM job scheme to support 11,333 micro enterprisesMicro, Small & Medium Enterprises minister Jitan Ram Manjhi announced the release of ₹1,000 crore in subsidy. This funding aims to support ...
Banks worry more about geopolitics than borrowing costs, survey showsGeopolitical risks and supply-chain disruptions are major barriers to private sector capital expenditure growth. A survey indicates that ba...
These 7 private and public banking stocks have an upside of up to 27% in one year, according to analystsIf interest rates stay high, and there are signs of a slowdown, banks that depend on retail deposits are the ones to watch carefully. That ...
Indian Overseas Bank to raise $500 million as Q2 profit jumps 56%Indian Overseas Bank plans to raise $500 million through external commercial borrowings in two tranches by December. The lender reported a ...
Bank of Maharashtra Q2 profit jumps 41.5% as bad loans declineBank of Maharashtra posted a 41.5% year-on-year rise in Q2 net profit to Rs 2,310 crore, supported by stronger income, deposit and credit g...
AU Small Finance Bank shares tumble 10% after Q2 results, but Jefferies and Motilal see up to 37% upsideAU Small Finance Bank shares fell up to 10% despite a 53% year-on-year rise in Q2 net profit. Jefferies and Motilal Oswal retained Buy rati...
7 discount, cashback credit cards for online festive shopping in 2026: One of them is lifetime freeMost of us will engage in festive shopping, making credit cards an appealing choice for discounts and cashback offers. But before choosing ...