Search For "banking"
Banking credit trails deposit growth, keeping CD ratio under 80%: CareEdge
Updated : 9 months, 1 week ago IST
In the current fortnight, deposit growth has outpaced credit growth and credit offtake and deposit growth has cooled, according to a report by CareEdge.
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Big non-banking lenders in India are gaining trust and growing fast: Fitch
Updated : 9 months, 1 week ago IST
According to Fitch, large NBFIs with a proven track record are earning more trust from investors and lenders. This growing confidence is helping them stay ahead of smaller players in the sector.
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Nearly 700 entities join account aggregator system; 15 crore accounts link
Updated : 9 months, 1 week ago IST
Union Finance and Corporate Affairs Minister Nirmala Sitharaman on Wednesday said that in just 3 years, nearly 700 entities as of Financial Year (FY) 2025 across banking, insurance, securities, and pensions have joined the Account Aggregator (AA) platform, up from only 24 in FY22.
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Government calls high-level meeting to review financial inclusion progress
Updated : 9 months, 1 week ago IST
The Department of Financial Services under the Ministry of Finance has convened a crucial meeting with top banking executives to review the progress of the government's flagship financial inclusion schemes, sources said.
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ENBEE Trade and Finance to consider the declaration of upto 50% Interim Di
Updated : 9 months, 1 week ago IST
Mumbai (Maharashtra) [India], June 17: ENBEE Trade and Finance Limited (BSE: 512441), a non-banking financial company is considering the declaration of upto 50% Interim Dividend for the Financial Year 2025- 26. Meeting of the Board of Directors of the company is scheduled on 20th June 2025 f
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NBFCs shifting funding strategy, tapping public deposits and bond markets
Updated : 9 months, 1 week ago IST
India's Non-Banking Financial Companies (NBFCs) are moving away from traditional way of bank borrowings and increasingly turning to public deposits and domestic bond markets for substantial capital raising, according to a recent report by Deven Chokesey Research.
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Ignosis Transforms Whizdm Finance's Banking Data Sourcing with Account Agg
Updated : 9 months, 1 week ago IST
New Delhi [India], June 16: As India's Account Aggregator ecosystem experiences 12% monthly growth and crosses Rs 1.3 lakh crore in facilitated loans, financial data infrastructure company Ignosis has partnered with Whizhm Finance Private Limited (Whizdm Finance), a subsidiary of Moneyview P
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Retail loan stress may push NPAs higher in H1FY26: CareEdge Ratings
Updated : 9 months, 2 weeks ago IST
Non-performing assets (NPAs) in India's banking system are likely to increase slightly in the first half of FY26, mainly due to rising stress in the retail loan segment, particularly unsecured personal and microfinance loans, according to a report by CareEdge Ratings.
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Jana Small Finance Bank Applies to RBI for Universal Banking License
Updated : 9 months, 2 weeks ago IST
Bengaluru (Karnataka) [India], June 11: Jana Small Finance Bank (Jana SFB), one of India's leading small finance banks, is pleased to announce that it has formally submitted an application to the Reserve Bank of India (RBI) seeking approval to transition into a Universal Bank.
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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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NBFCs outpaces Banks in credit growth in FY25: BCG Report
Updated : 9 months, 2 weeks ago IST
Non-Banking Financial Companies (NBFCs) have significantly outpaced commercial banks in credit growth during Fiscal Year 2025, according to a report by Boston Consulting Group (BCG).
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RBI to discontinue daily Variable Rate Repo from June 11, 2025 because of
Updated : 9 months, 2 weeks ago IST
The Reserve Bank of India (RBI) has announced on Tuesday to discontinue daily Variable Rate Repo (VRR) auctions starting June 11, 2025 Wednesday.
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