Further, Rai said that NaBFID is also funding municipal corporation whenever there is an opportunity.
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.
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%
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
Healthy earnings growth, but asset quality and elevated credit costs weighed on the stock’s performance
Public sector lenders have shown more resilience than their private peers in thwarting erosion in profitability.
Axis Bank's MD said that the growth on the income side has been subdued, as a lot of the charges have been removed over a period of time.
As on June 30, government holds 79.60 percent stake in the bank. To meet SEBI's norms, the bank is required to dilute 4.60 percent.
IndusInd Bank share price: The stock has fallen more than 6 percent in the past one month, and over 25 percent in the past six months. It currently has a P/E ratio of 58.70.
Banks’ corporate lending has remained tepid as businesses turn to the bond market to meet their funding needs amid falling rates
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.
Setty told the subsidiaries that its top executives are paid salaries as per industry standards, and hence, they must perform accordingly to justify that, the report added.
Senior bank officials say they would be extra careful in overseeing digital payments and blocking those that may be suspected towards online gaming
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.
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.
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
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.
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.
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
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.
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.
The last time when the bank credit growth was above current growth rate was as on April 18, 2025, at 10.28 percent.
The IndiGo IDFC FIRST Credit Card offers rewards in IndiGo BluChips, travel perks, and insurance covers, but has limitations like lack of lounge access and low returns on spends
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.
“The current state of uncertainty on the external front, monetary policy needs to remain watchful,” the MPC minute quoted Sanjay Malhotra, the RBI Governor.