Banking News

According to the Reserve Bank of India (RBI) data, bank credit growth touched 10.22 percent year-on-year in the fortnight ended August 8, the fastest pace in over three months

RBI’s rate action may face growing uncertainty amid US tariff worries, say economists

Economists broadly anticipate that the central bank may deliver a token 25 basis point (bps) cut in the policy repo rate during the second half of FY26. The timing, however, remains uncertain.

IPO-bound Tata Capital bets big on retail and SMEs; aims to extend formal credit to wider markets

The company’s loan book rose from Rs 1.2 lakh crore in 2023 to Rs 2.26 lakh crore in 2025, reflecting an 88%

Delinquencies marginally higher in informal, self-employed segment and loans with over 75% LTV: IMGC MD & CEO

We’ve already guaranteed close to Rs 35,000 crore in home loans—backing over 1.5 lakh homeowners across more than 400 locations nationwide, with the trust of over 25 lending institutions, including banks and housing finance companies, says IMGC's Mahesh Misra

Chart of the Day: Are PSU banks giving more bang for their buck to investors?

Public sector lenders have shown more resilience than their private peers in thwarting erosion in profitability.

Can Rajiv Anand put IndusInd Bank stock back in the Nifty50 universe?

Nearly 12 years after the stock was included in the Nifty50 index, IndusInd Bank is no longer a part of the bellwether benchmark. But, IndusInd Bank isn’t alone. Yes Bank and Bandhan too saw their exclusion from the index and despite the respective crises apparently behind them, sentiments are yet to turn positive.

SBI chairman Setty requests RBI to allow banks to fund M&As

Banks’ corporate lending has remained tepid as businesses turn to the bond market to meet their funding needs amid falling rates

RBI examining measures to expand bank credit to productive sectors: Governor Sanjay Malhotra

Banks and NBFCs should make special efforts to boost formal credit to them, RBI Governor said, adding that they should leverage the public digital infrastructure like the Unified Lending Interface (ULI) to achieve results.

Indian rupee opens 13 paise higher at 87.39 against the dollar, tracking Powell's comments

The Dollar index eased after the US Fed chair left the door open on future interest rate cuts, while adding that there are risks of both rising unemployment and stubbornly higher inflation.

Why the 4% inflation target must stay

India has earned hard-won credibility on price stability. Raising or diluting the target now would throw it all away.

Banking Central | What does New India Coop Bank's case tell us about state of industry

The latest misappropriation scandal is a reminder that India’s cooperative banks remain captive to weak governance and political patronage. The cracks run deep.

First-time borrowers can get bank loans without minimum CIBIL score, clarifies Finance Ministry

MoS Pankaj Chaudhary clarifies in Lok Sabha that banks cannot reject applicants with zero credit history.

RBI board approves nomination of Indranil Bhattacharyya as ex-officio member of the MPC

The approval was made at 618th meeting of the Central Board of Directors of RBI held today in Lucknow under the Chairmanship of Sanjay Malhotra, Governor, as per release.

Bank credit growth at 3-month high. Revival or festival driven?

But it still is lower than what it was in the year-ago period, a sign that the lending growth is yet to pick up momentum

Mutual funds boost money market bet through TREPS allocations to protect returns from volatility

The use of TREPS is becoming increasingly widespread as a means to hold cash positions. As per PrimeMFDatabase, 89.71 percent of equity schemes had exposure to cash equivalents like TREPS, CBLO (Collateralized Borrowing and Lending Obligation), or reverse repos in July. In just two months, 18 additional equity schemes have begun using these instruments to manage cash positions.

Indian rupee open 10 paise down at 87.36/USD ahead of Powell speech at Jackson Hole

Ahead of the speech, dollar index has firmed up to 98.677 in the morning trade, as compared to 98.619 at the previous close.

GST reforms may cool inflation but RBI unlikely to rush into rate cuts, says MPC member Saugata Bhattacharya

The RBI central bank will take a data-driven approach, will assess the full spectrum of primary, secondary, and tertiary effects of the tax overhaul before altering the policy stance, Bhattacharya has said

MC Interview| Inflation scenario, US trade-talk outcome to decide RBI policy, says MPC member Nagesh Kumar

Further, to mitigate the external shocks from tariffs, Kumar emphasised on the need for India to diversify its export markets and deepen trade ties with other economies.

RBI releases discussion paper on review of Monetary Policy Framework

The Central government initially notified the inflation target with the tolerance band on August 5, 2016, for the period 2016-2021. In the first review conducted in March 2021, this target was retained for the subsequent five years till March 2026. A second review of the target is now due by end-March 2026.

Bank credit growth rises to 10.22% in August, highest in over three months

The last time when the bank credit growth was above current growth rate was as on April 18, 2025, at 10.28 percent.

Rupee opens 7 paise up at 87 against the dollar

Traders will be closely tracking Federal Reserve chairman Jerome Powell’s speech at Jackson Hole, which will offer clues to the US central bank’s policy trajectory.

RBI’s MPC minutes show that tariff uncertainty, rate transmission allowed status quo in August

“The current state of uncertainty on the external front, monetary policy needs to remain watchful,” the MPC minute quoted Sanjay Malhotra, the RBI Governor.

Focused on curbing opex and credit cost, says Fusion Finance CEO Sanjay Garyali

The microfinance lender plans to step up its MSME business. MFI and MSME will be built as two separate business units, with two separate COO, says Garyali

Retail investors’ trading activity in G-secs on RBI Retail Direct platform rises over fivefold in August 2025

According to the RBI data, retail investors' trading activity in the secondary market in G-secs stood at Rs 4,267.55 crore as on August 11, 2025, compared to Rs 668.36 crore as on August 12, 2024.

See a big opportunity in medium-yielding segments: KVS Manian, MD & CEO, Federal Bank

We need a holistic portfolio wallet share of a client to make money in the corporate banking business, Manian said.

Rupee opens 21 paise down at 87.17 against dollar as Asian currencies slip

Asian currencies were down 0.05-0.52 percent in the morning trade. The South Korean won was down 0.52 percent, Taiwanese dollar 0.38 percent, Indonesian rupiah 0.30 percent and the Thai baht was down 0.21 percent

Chart of the Day | How did gold loan NBFCs do in Q1 FY26?

Numbers show a mixed trend even as overall loan growth remained robust

RBI's AI Push: A goldmine for investors, but not without risks

Savvy investors must weigh the lucrative opportunities against unchecked risks in AI

Experts say IBC Amendment Bill yet to address real estate insolvency, NCLT understaffing and poor recovery by operational creditors

Despite the IBC being in place for over nine years now, operational creditors (OCs) continue to feel sidelined, and reforms have done little to improve their position in recoveries.

Borrowing through state development loans gets costlier after bond yields rise to a four-month high

The yield on the benchmark sovereign bonds has risen to a four-month high on August 19 on worries that higher government borrowing and lower revenue, following the proposed overhaul of the goods and services tax (GST) regime, will likely bring down the collections.

Rupee hits highest level in August on easing US tariff risk, GST reform push

According to Bloomberg data, the rupee has appreciated around 46 paise in past two trading sessions

Barclays restructures Asia private banking arm, India business to be part of global unit

As part of the change, Nitin Singh, head of private bank, Asia, has decided to leave Barclays

GST reform push strengthens case for October rate cut, say experts

GST 2.0, which will likely see rates lowered on most goods and services, will cool inflation further, giving the RBI the room to ease monetary policy, they say

Bond yields rise to over 4-month high on worries of higher borrowing, lower revenues

Along with tariff uncertainty, the plan to overhaul the GST regime, which will likely see a lower levy on most goods, has added to pressure, experts say

Indian rupee opens 11 paise stronger at 87.25/USD tracking GST reforms

The currency is getting support from GST reforms announced by the Prime Minister Modi during his Independence Day address in a push for self-reliance amid uncertainty over India-US trade deal.

Proposed GST reforms by govt may cool inflation, open door for RBI rate easing: Experts

Experts said that the potential price relief could offer a positive support to consumption in H2FY26, particularly ahead of the festive season, when demand typically surges.

PSU banks’ slippage ratios improve as lending to low-risk retail loans rise

A review of data from 12 leading PSU banks reveals that most lenders have reported their lowest or near-lowest slippage level in over a year, with some hitting multi-year lows.

India’s rating upgrade set to give boost to foreign funds, say experts

On August 14S&P Global upgraded India's long-term sovereign credit ratings to 'BBB' for the first time since 2007, citing economic resilience and fiscal consolidation

India Buys in Hindi, Dreams in EMI: Why the metro-first strategy is broken

India's market is diversifying beyond metros. Brands must evolve strategies, catering to both urban and rural needs, balancing aspiration with accessibility, and embracing regional preferences for sustainable growth

Rupee opens 9 paise up at 87.48 on Modi's big GST reform push

The rupee opened at 87.48 against the US dollar after the Prime Minister in his Independence Day address promised a simplified GST framework by Diwali, which is expected to give a boost to consumption and, in turn, job creation

Banking Central | RBI's AI ambition: Innovation yes, but not at the cost of chaos

The RBI must address the unions' stark warnings or it risks amplifying inequalities and eroding public trust

Finance Ministry to meet CEOs of state-owned banks to review Q1 performance on August 20

The review meeting on August 20 with public sector banks to assess the performance of the first quarter of 2025-26.

Primary dealers ramp up corporate bond repo borrowing to diversify liquidity sources

The total volume on ARCL Tri-party Repo in July was Rs 52,175.10 crore, compared with Rs 39,725.50 crore, registering a growth of 32 percent month-on-month.

Indian bond yield eases after S&P upgrades India's rating to 'BBB'

S&P Global Ratings raised its long-term unsolicited sovereign credit ratings on India to 'BBB' from 'BBB-', and its short-term ratings to 'A-2' from 'A-3'. The outlook on the long-term rating is stable.

Indian rupee opens 2 paise up as dollar index ease, traders await Trump-Putin meet outcome

The dollar index, which measures the greenback's strength against a basket of six major currencies, fell to 97.752 in the morning from the previous close of 97.840.

State borrowings via SDL become costlier as rate cut hopes fade

Government bond yields have been on the rise since the RBI’s status quo in the August monetary policy. Though the decision was in line with the market expectation, few participants expected a surprise rate cut.

Indian rupee opens 5 paise up at 87.65/USD as US Inflation shows limited tariff impact

The highly-anticipated U.S. inflation readings indicated President Donald Trump's tariff regime had yet to filter down to consumer prices.

Chart of the Day | Indian NBFCs are in a good spot now

Falling funding costs and equity infusions bolster credit profiles of non-bank lenders.

Diversifying Russian oil imports may add only $4-6 billion to India's import bill, says Anubhuti Sahay of Standard Chartered Bank

The gap, or impact on GDP, was closer to 25 to 40 basis points. At 50 percent, almost 50 percent of our exports to the US become non-tradable, priced out, and the impact then would be much larger, Sahay said.

RBI allows investment of surplus rupee balances in special vostro accounts into G-Secs, T-Bills

The changes are in immediate effect and operational guidelines to AD Category-I banks issued by the RBI, release said.