India’s festive season boom isn’t just about rising consumption, it’s how borrowing has become part of everyday financial behaviour
The central bank’s draft framework gives lenders more room to back India’s capital markets — but with clear boundaries to prevent excesses.
SBI News: The bank has recruited 505 Probationary Officers (POs) in June
In the July-September quarter, advances of Commercial Vehicles and Commercial Equipment grew just 2 percent quarter-on-quarter to Rs 43,676 crore, while on a year-on-year basis, this segment grew 12 percent.
The divestment of IDBI Bank was announced in February 2021. However, the process was formally kick started on October 7, 2022, when DIPAM invited Expressions of Interest (EoI) for strategic divestment of IDBI Bank.
Net Advances increased 16 percent YoY to Rs 462,688 crore as at September 30, 2025 from Rs 399,522 crore as at September 30, 2024.
Media reports had said that Indian Overseas Bank (IOB), Central Bank of India (CBI), Bank of India (BOI) and Bank of Maharashtra (BOM) could be merged with big banks such as Punjab National Bank (PNB), Bank of Baroda (BoB) and State Bank of India (SBI).
Currency in circulation usually surges during the festive season, resulting in lowering liquidity in the banking system
According to the company’s release, the company’s health business grew 41 percent, personal accident (PA) segment rose 48 percent, and the motor insurance portfolio expanded 17 percent
For Moneycontrol's Pro Panorama October 24 edition: Indian elections are caught in a populist loop, walking the fine line between growth and green, the real cost of your investment, stagnant productivity as lenders chase deposits, and more
The current MD & CEO K Satyanarayana Raju retires in December
Federal Bank board also approved granting the Blackstone entity a special right to nominate one non-executive director on the board upon conversion of all warrants and subject to holding at least 5 percent of the bank’s paid-up share capital.
As per the amendments, customers may nominate up to four persons, either simultaneously or successively, thereby simplifying claim settlement for depositors and their nominees.
Corporate credit growth is rebounding as banks report higher lending in Q2 FY25, led by working capital and project-linked funding. Experts expect momentum to build in H2.
Reports have claimed that US could slash the tariff on Indian goods to 15 percent, as New Delhi 'moderates its oil purchases from Russia'
Sources say loan to value by leading NBFCs and a few banks in the gold loan segment has started reducing by 2 – 4 percent, in anticipation of a likely dip in gold prices.
Is there too much euphoria in the SME IPO market?
RBL Bank is not a distressed institution. It faced a governance setback in 2021 but has since rebuilt capital buffers and depositor confidence.
Shares of RBL Bank jumped more than 9 percent after Emirates NBD announced plan to acquire a majority stake in the listed domestic private sector lender.
PE major Blackstone said to be the front runner, issue likely to be rolled out at Rs 210 - 215
He cautioned that the US accounts for about 33 percent of India’s exports of labour-intensive goods such as textiles, leather, gems and jewellery, and processed food products sectors that are dominated by MSMEs and employ nearly 40% of India’s manufacturing workforce. The imposition of 25%+25% penal tariffs on Indian exports, coupled with other restrictive trade and immigration policies, could impact these sectors more acutely.
The bank is aiming for the QIP launch of Rs 4,000 crore in the second half of the current financial year, Srivastava said.
To strengthen its CASA base, the bank has launched six new products and opened 1.77 lakh new accounts in the last quarter. It is also aggressively targeting salary accounts, where the average balance has improved from Rs 25,000 in Q1 to Rs 44,000 in Q2, Kumar said.
Going forward, housing and vehicle loans will grow very fast, we expect these two segments to be outperformers in Q3. Overall, retail growth should see at least a 2 percent boost purely due to the GST cut, Chandra said.
The selling of dollars by the RBI's last week helped the rupee post its best weekly performance in nearly four months