Search For "banking sector"
Banking Boldly: India's Play for Global Glory
Updated : 5 months, 3 weeks ago IST
New Delhi [India], September 26: India's banking sector is not just growing--it's growing with purpose. This was the key takeaway from the CNBC-TV18 3rd Banking Transformation Summit, presented by Nucleus Software, where regulators, bank leaders, and fintech innovators convened to chart the
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53 crore bank accounts opened post-2014: Amit Shah highlights inclusion, 8
Updated : 5 months, 3 weeks ago IST
Speaking at a program hosted by the 'Financial Express: India's Best Banks Award' in Mumbai, Maharashtra, Shah stated, "After 2014, under the leadership of Prime Minister Modi, significant banking sector reforms were introduced. At that time, nearly 60 crore Indians did not have even a si
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GST cuts to boost economy, but revenue loss could hit banking sector: Repo
Updated : 5 months, 3 weeks ago IST
While the government has estimated an annual revenue loss of about Rs 480 billion, due to the reduced Goods and Services Tax (GST) rates on various products, a recent report by Systematix Research has pegged the figure much higher, at nearly Rs 1.2 trillion.
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Empowerment of farmers, rural economy should be banks' priority: President
Updated : 5 months, 3 weeks ago IST
The empowerment of farmers and the rural economy should be a priority of India's banking sector, President Droupadi Murmu said while addressing the 120th foundation day celebrations of City Union Bank at Chennai, Tamil Nadu, on Tuesday.
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'Banking sector must grow 3-3.5 percentage points faster than nominal GDP
Updated : 7 months ago IST
For India to meet its 'Viksit Bharat' targets, banking assets need to grow at 3.0-3.5 percentage points faster than its nominal GDP, according to a report by Boston Consulting Group (BCG) in association with FICCI and Indian Banks' Association.
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Gujarat CM Bhupendra Patel inaugurates Kukarwada Nagarik Sahakari Bank bra
Updated : 7 months, 1 week ago IST
Marking a new milestone in the co-operative banking sector, Chief Minister Bhupendra Patel on Sunday inaugurated the fourth branch of The Kukarwada Nagarik Sahakari Bank in Ahmedabad, a press release said.
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Agents Stack Powering Governance, Innovation, and Change Through AI
Updated : 7 months, 2 weeks ago IST
New Delhi [India], July 28: Founded by visionary entrepreneur Aanchal Gupta, Agents Stack delivers a transformative portfolio of consulting services spanning cybersecurity, cloud optimisation, ESG efficiency, GIS-based utilities, MES, ERP, and Compliance AI. With a future-focused approach, t
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Indian equities rise on strong banking earnings; investors eye India-US tr
Updated : 7 months, 2 weeks ago IST
At the end of the trading session, BSE Sensex was up 442.62 points or 0.54 per cent at 82,200.34, and the Nifty 50 at National Stock Exchange (NSE) was up 122.30 points or 0.49 per cent at 25,090.70.
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VP Nandakumar Talks About How NBFCs Bridge India's Credit Gap
Updated : 8 months, 2 weeks ago IST
New Delhi [India], July 11: The Indian banking sector has undergone a remarkable transformation with the rise of Non-Banking Financial Companies (NBFCs), which have redefined how credit is accessed and delivered across the country.
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Indian banks' systemic deposit growth gain momentum but NIM likely to dip
Updated : 8 months, 2 weeks ago IST
The Indian banking sector is witnessing a steady pickup in deposit growth, but banks are likely to report a decline in their net interest margins (NIM) in the first quarter of FY26, according to a report by Phillip Capital.
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RBI rate cuts lead to cooling in both credit offtake and deposit growth: R
Updated : 8 months, 3 weeks ago IST
With a 100 basis point repo rate cut by the Reserve Bank of India (RBI) since February, Credit offtake and deposit growth have cooled, noted a report by CareEdge.
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Indian Banking Sector to see moderate credit growth amid profitability pre
Updated : 9 months, 2 weeks ago IST
The Indian banking and financial services industry (BFSI) is currently experiencing a dynamic period characterised by moderate credit growth expectations alongside evolving profitability pressures, according to a report by Boston Consulting Group (BCG).
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