During an exclusive email interaction with Moneycontrol, the MD and CEO said she said the company is taking a calibrated approach alongside industry-wide discussions with distributors, while focusing beyond cost optimisation to improve profitability
The age of cashless convenience is over. The coming year will test who really owns India’s payment rails.
PNB News: The Reserve Bank of India, in October 2021, superseded the boards of SIFL and its wholly-owned subsidiary SEFL
The decline in the weighted average lending rate on fresh and outstanding rupee loans was higher in the case of private banks relative to public sector banks after the cumulative 100 bps rate cut by RBI. On the deposit side, transmission was higher for public sector banks compared to private banks in case of fresh term deposits.
Despite outlining one of its most expansive reform blueprints, only select regulatory measures have seen progress this year, with the bigger overhauls held back by statutory delays, ecosystem gaps and uneven insurer preparedness
In 2025, the central bank has cumulatively cut the repo rate by 125 basis points (Bps) taking the repo rate to 5.25 percent, from 6.50 percent at the start of the year.
We are working with development financial institutions for that. Post the merger with Caspian, we are in a unique space where everybody wants to fund. They have done in the past with financial inclusion for instance. Our next biggest segment will be focusing on climate finance, said Bansal.
After a bruising phase of stress and slowdown, microfinance heads into 2026 seeking balance between growth and discipline
The near leg or spot leg is on January 15, 2026, and the far leg is on January 16, 2026.
On December 23, the RBI announced that it will conduct Rs 2 lakh crore OMO purchase auctions of Government of India securities in four tranches, and USD/INR Buy/Sell Swap auction of $10 billion for a tenor of 3 years. Majority of the auctions will be held in January, except one OMO purchase which is scheduled on December 29, 2025.
Given my understanding of the evolution of “underlying” inflation over the next few quarter, in the backdrop of the forecast headline inflation, there remains a concern that prices might be less than optimal for stable economic growth, Bhattacharya said.
The push comes at a time when India’s M&A deal environment is showing a good amount of deals. Emirates NBD acquiring a 60% stake in RBL Bank, JSW Paints acquiring 75% stake in Akzo Nobel India, Torrent Pharmaceuticals buying JB Chemicals & Pharmaceuticals, and ONGC NTPC Green buying full stake in Ayana Renewable Power Pvt Ltd are examples.
From marquee exits by foreign insurers to private equity investments in distribution and broking firms, the sector is rapidly evolving
During this transformative shift, the banking system shall continue to to be the primary conduit for credit transmission and liquidity support
Gupta is ready with the roadmap to scale into an Rs 8,000–10,000 crore SFB within three years of operations, he tells Moneycontrol how he plans to do that
Risk-based deposit insurance aligns premiums with behaviour. Its success now depends on whether Indian banks and their boards are prepared to accept accountability rather than rely on systemic cushioning. Over time, it could become the foundation for a banking system where trust is earned through conduct, not assumed through regulation
Strip away monthly volatility and a year-long view of high-frequency indicators points to steady economic activity, supported by goods movement, fuel demand and digital payments
The RBI will also conduct USD/INR Buy/Sell Swap auction of $10 bn for a tenor of 3 years to be held on January 13, 2026
At this stage, wholesale banking is not just lending. Lending forms only a very minuscule part of the products we offer to wholesale customers, whole-time director Kashyap tells Moneycontrol
Hedging costs have surged as dollar-rupee forward premiums jumped sharply, with the one-month forward yield hitting a four-and-a-half-year high this month.
In the last three months, India’s retail inflation remained below the RBI’s lower tolerance band. As per data, CPI inflation stood at 0.7 percent in November, 0.3 percent in October, and 1.44 percent in September.
Money market experts said that the investors have started demanding higher rates in the last few weeks, firstly in anticipation of rate cut before the monetary policy, and later due to uptick in yields on government securities following dimming rate cut view post release of the RBI monetary policy committee (MPC) minutes.
On December 12, Moneycontrol reported that bank credit growth stayed firmly in double digits for the seventh straight week, rising 11.42 percent year-on-year in the week ended November 28, extending a run that began after the government announced GST rate cuts in early September.
However, in India, retail inflation in November inched up to 0.7 percent, from 0.3 percent in October, but price pressures remained exceptionally subdued for the second straight month.
India’s economy extended its strong run for a third consecutive quarter, growing at a six-quarter high of 8.2 percent in July–September (Q2FY26) compared with 7.8 percent in the previous quarter.
