Search For "banks"
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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Indian banks need to improve deposit strategies with volatile interest rat
Updated : 8 months, 2 weeks ago IST
As Indian savers increasingly explore mutual funds, pensions, and direct investments, among others, banks will need to leverage data science to understand depositor behavior and tailor their products, a Boston Consulting Group (BCG) study suggest.
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Indian Banks see robust market cap growth in Q2 2025 amid rate cuts and li
Updated : 8 months, 2 weeks ago IST
Indian banks witnessed significant gains in market capitalization during the April-June quarter of 2025, driven by falling interest rates and increased liquidity, which collectively attracted investor confidence.
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NBFC and insurance segments likely to perform better in second half of FY2
Updated : 8 months, 2 weeks ago IST
The NBFC and insurance segments are expected to perform better in the second half of FY26, supported by a friendlier regulatory environment and continued growth push from both regulators and the government, according to a report by Emkay Research.
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No directions to banks to close inactive PM Jan Dhan accounts: Finance Min
Updated : 8 months, 2 weeks ago IST
The Finance Ministry on Tuesday stated that the Department of Financial Services has not asked banks to close inactive PM Jan Dhan Yojana accounts.
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Cooperative banks should actively support, accelerate loan disbursal to ru
Updated : 8 months, 2 weeks ago IST
Minister of Rural Development Raghavji Patel, Minister of State for Cooperation Jagdish Vishwakarma, and Minister of State for Rural Development Kunvarji Halpati also attended this meeting.
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Bajaj Markets is Helping Users Maximise Credit Card Rewards
Updated : 8 months, 2 weeks ago IST
Pune (Maharashtra) [India], July 8: Bajaj Markets, a leading financial marketplace in India, enables users to maximise credit card rewards by offering access to over 30 credit cards from reputed banks and financial institutions. This wide selection allows users to choose cards best suited to
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"SP chief defaming Hindu festivals for vote banks," says UP Minister amid
Updated : 8 months, 3 weeks ago IST
Uttar Pradesh Minister AK Sharma on Monday lashed out at Samajwadi Party chief Akhilesh Yadav, accusing him of defaming Hindu religious events like the Kanwar Yatra and Mahakumbh for political gains and engaging in vote-bank politics in the guise of criticism.
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At least five banks have waived minimum balance requirement, customers hav
Updated : 8 months, 3 weeks ago IST
Noting that at least five banks have waived the minimum balance requirement after customers "hit back" by looking beyond banks at other avenues to place their savings, Congress leader P Chidambaram on Monday said "what reason could not do, economics has achieved".
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Baloch Liberation Army launches major attacks; declares CTD "enemy" of Bal
Updated : 8 months, 3 weeks ago IST
According to BLA spokesperson Jeeyand Baloch, the Mastung operation saw BLA fighters seize key government installations, including the Tehsil Office and three banks, for nearly two hours.
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Profit of Indian banks to decline in first half of FY26, recovery expected
Updated : 8 months, 3 weeks ago IST
The net interest margins (NIMs) of banks in the country are expected to come under pressure in the first half of the financial year 2025-26 (H1FY26), according to a recent report by Motilal Oswal.
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RBI bars pre-payment charges by banks for transfer of floating rates loan
Updated : 8 months, 3 weeks ago IST
In a major relief for borrowers, the Reserve Bank of India (RBI) has announced that banks and other regulated lenders will no longer be allowed to impose pre-payment charges on loans taken by individuals for purposes other than business.
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