Banks to be told to step up FCNR (B) depositsBanks will now encourage more foreign currency deposits. The Reserve Bank of India will cover all hedging costs for these deposits. This mo...
RBI's reform package could pull $40-75b inflows, push rupee to 92-93 and keep August rate on holdThe RBI's recent announcements are expected to attract substantial foreign capital, potentially strengthening the rupee. Analysts anticipat...
RBI policy press conference: Here's everything that came up for discussionThe Reserve Bank of India unveiled new measures to attract deposits and bolster the economy. Governor Sanjay Malhotra discussed strategies ...
Manipur security forces arrest 5 militants, recover arms in separate operationsSecurity forces have arrested five militants in Manipur. The arrests were made in separate operations in Imphal East and Chandel districts....
Karur Vysya has a four-pronged plan to move up to the next level: B Ramesh Babu, MD & CEOAfter a decade of downsizing the wholesale business, Karur Vysya now plans to reverse it by raising the corporate loan share to 20% in the ...
Karur Vysya Bank bets big on credit cards, microloans and corporate push to double down on growthKarur Vysya Bank is set for significant growth. The bank plans to expand its balance sheet by entering the credit card business and offerin...
Bond won't help this time: Why RBI should hike interest rate, instead of unleashing forex mobilisation schemes as in the pastReserve Bank of India's past emergency tools for raising foreign currency are no longer effective. Global interest rates have changed the f...
Two years on, Railways yet to offer medical aid to parcel staff despite labour commissioner's pleaPrivate workers loading and unloading railway parcels have waited two and a half years for medical facilities. The Chief Labour Commissione...
Credit card transactions jump 2.6 times in four years: RBI reportCredit card transactions in India saw a significant jump between 2021 and 2025. Private banks expanded their dominance in this segment. Deb...
SBI posts record ₹80,000 crore profit; chairman says NIM has bottomed out, eyes 13–15% loan growth in FY27State Bank of India achieved a record profit exceeding ₹80,000 crore. Despite investor concerns over net interest income and margin, Chairm...
As India grows richer, banks will have to adjust to thinner margins: Indian Bank CEOIndian Bank's chief Binod Kumar expects interest rates to rise and net interest margins to fall as India develops. He plans to raise capita...
Punjab & Sind Bank aims to cross total business milestone of Rs 3 lakh cr in FY27Punjab & Sind Bank is targeting a significant milestone of Rs 3 lakh crore in total business by the end of the current financial year. This...
Punjab & Sind Bank plans Rs 3,000-cr share sale this fiscalPublic sector lender Punjab & Sind Bank is eying to mobilise up to Rs 3,000 crore via share sale on a private placement basis in a bid to m...
AU SFB Q4 Results: PAT jumps 65% YoY to Rs 832 crore, NII rises 23%AU Small Finance Bank reported a robust 65% year-on-year surge in net profit for the March quarter, reaching Rs 832 crore. The lender also ...
Bank credit growth to ease to 12% in FY27 on West Asia war, evolving interest rate dynamics: IcraIndian bank credit growth is set to slow down to under 12 percent this financial year. This moderation is driven by the ongoing West Asia c...
PSU banks vs private bank stocks: Nomura analysts give 4 reasons to rotate your moneyAfter strong outperformance by PSU banks over the past year, Nomura turns cautious and prefers a shift to private banks, citing better risk...
Bank NPAs decline to 2%, no systemic hit due to Middle East conflict: RBIIndian banks saw their bad loan ratio drop to 2% by December 2025. This improvement spans across retail, services, industry, and agricultur...