Search For "banking sector"
Weak household savings continue to weigh on bank deposit growth: Report
Updated : 3 months, 2 weeks ago IST
The report flags sluggish household deposit accretion and muted growth in low-cost deposits as the key structural challenges for banks in the current cycle. While deposits have broadly grown in double digits, momentum has failed to keep pace with credit growth.
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How Digital Lending Platforms are Shaping India's Financial Landscape
Updated : 3 months, 3 weeks ago IST
New Delhi [India], December 2: The digital revolution in India is advancing quickly, and it is making a big impact on industries, especially the banking sector. One of the most exciting changes has been the rise of digital lending platforms. Recently, digital lending software has transformed
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RBI Ombudsman sees 13.34 Lakh complaints in FY25; Loans, Credit Cards domi
Updated : 3 months, 3 weeks ago IST
RBI highlighted an expanded digital complaint footprint, improved disposal efficiency, and increasing concerns around loans, credit cards and digital frauds.
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Government to sell up to 6% stake in Bank of Maharashtra via OFS: DIPAM
Updated : 3 months, 3 weeks ago IST
The bid will be open tomorrow for Non-Retail investors, while the Retail investors can bid on Wednesday. "Government offers to disinvest 5% equity in the bank with an additional 1% as a green shoe option," DIPAM said.
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Delhi CM Rekha Gupta hails 'Meri Poonji, Mera Adhikar' as a milestone in p
Updated : 3 months, 4 weeks ago IST
Addressing the gathering, CM Rekha Gupta praised the initiative and highlighted the growing financial awareness among citizens over the past decade. "We have seen a big participation from common people in banking in the last 10 years. Their awareness and concern for the government schemes
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Seasonal rhythms persist in Indian banking, March leads cycle: RBI
Updated : 4 months ago IST
India's banking system continues to exhibit strong and predictable seasonal rhythms, with the financial year-end emerging as the most influential driver of banking activity, according to the Reserve Bank of India's latest bulletin.
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IDFC FIRST Bank Collaborates with FPSB India as an 'Approved Corporate Par
Updated : 4 months ago IST
Mumbai (Maharashtra) [India], November 22: IDFC FIRST Bank signed an MoU with FPSB India, the Indian subsidiary of Financial Planning Standards Board Ltd., as an Approved Corporate Partner (ACP), marking a significant step toward strengthening professional standards in financial planning and
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Banks at crossroads as AI costs rise and risks escalate: S&P Report
Updated : 4 months, 1 week ago IST
Global banking sectors are facing growing challenges due to rapid digitalization, adoption of artificial intelligence (AI), climate change, and increasing cyber threats, according to a report released by S&P Global Ratings.
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Amit Shah highlights sharp fall in NPAs; calls for expansion of Cooperativ
Updated : 4 months, 2 weeks ago IST
Union Home and Cooperation Minister Amit Shah on Monday said that India has achieved remarkable success in strengthening its cooperative banking sector, with Non-Performing Assets (NPAs) reduced from 2.8 per cent to just 0.06 per cent over the past two years.
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SBI transformed from being in loss in 2018 to USD 100 bn company, due to r
Updated : 4 months, 2 weeks ago IST
The State Bank of India (SBI) has transformed from being in loss in 2018 to now becoming a USD 100 billion company due to the regulatory and structural reforms implemented over the past decade by Reserve Bank of India (RBI), stated Governor Sanjay Malhotra.
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Credit-to-Deposit ratio breaches 80% mark in Oct on strong credit demand d
Updated : 4 months, 3 weeks ago IST
The banking sector's credit-to-deposit (CD) ratio has breached the 80 per cent mark in October 2025, indicating stronger credit offtake compared to deposit growth, according to a report by CareEdge Ratings.
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Nirmala Sitharaman's Bhutan visit cancelled due to bad weather at Paro
Updated : 4 months, 3 weeks ago IST
The official visit of Union Finance and Corporate Affairs Minister Nirmala Sitharaman to Bhutan has been cancelled due to bad weather conditions at Paro. The visit was earlier scheduled to take place from October 30 to November 2, 2025
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