Search For "banks"
Positive for the banks as well as for the real estate sector: RBI Governor
Updated : 1 week ago IST
"It will help the real estate sector and the REITs. There is already a framework for lending by the banks to the real estate, only through companies and other legal entities. That lending was not allowed to be done in case the borrower was a trust," Governor Malhotra said.
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Banks to be allowed to lend directly to REITs, RBI proposes easing norms t
Updated : 1 week ago IST
The Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday said that banks will be allowed to lend directly to Real Estate Investment Trusts (REITs), as the central bank moves to improve financing access for the real estate sector.
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RBI proposes compensation for small-value transaction fraud; raises collat
Updated : 1 week ago IST
Reserve Bank of India Governor Sanjay Malhotra on Friday announced a set of measures aimed at enhancing customer protection, advancing financial inclusion, enhance flow of credit, strengthening urban cooperative banks (UCBs), promoting ease of doing business for NBFCs, and deepening financia
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Banking sector strong, resilient; credit expansion and capital needs in fo
Updated : 1 month, 2 weeks ago IST
On non-banking financial companies (NBFCs), Nagaraju said both government-owned and private NBFCs play a significant role in funding infrastructure and reaching borrowers underserved by banks. "While NBFCs have shown strong growth, profitability, and outreach, he noted the continuing debate
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Committee on Banking for Viksit Bharat should address ownership structure,
Updated : 1 month, 2 weeks ago IST
The committee should address some matters such as ownership structure and voting rights of promoters as these continue to dampen private sector and foreign investor participation, ICRA said in its report. Finance Minister had said, the High Level Committee on Banking for Viksit Bharat will c
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FY27 Budget balances fiscal consolidation with growth push: Jefferies
Updated : 1 month, 2 weeks ago IST
The Union Budget for FY27 has adopted a calibrated approach to fiscal consolidation while prioritising higher government spending and sector-specific incentives, according to a report by Jefferies.
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Total business of 28 RRBs crosses ₹12 lakh crore in the First Half of Fina
Updated : 1 month, 3 weeks ago IST
The commendable performance of all RRBs in the Financial Year 2025-26 (upto December, 2025) was noted and appreciated. At present, 28 RRBs are operating through 22,158 branches across 26 States and 3 Union Territories, covering about 730 districts. Total business of all 28 RRBs has crosse
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Banks NPAs reach multi-decadal low level, recovery rate doubled in FY25 fr
Updated : 1 month, 3 weeks ago IST
The Economic Survey highlighted that the recovery rate in NPAs in SCBs has approximately doubled from 13.2 per cent in FY18 to 26.2 per cent in FY25. The slippage ratio of SCBs, which measures the amount of new accretion to NPAs during the FY as a percentage of standard loans and advances as
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Pennant Technologies Recognised in Multiple Gartner® Reports on AI-Driven
Updated : 1 month, 3 weeks ago IST
Hyderabad (Telangana) [India], January 29: Pennant Technologies, an agile and innovative financial technology company, today announced its inclusion in two recent Gartner reports focused on the application of artificial intelligence (AI) in banking. According to Pennant, the reports highligh
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PSU Banks tighten grip on gold loans even as NBFCs gain volume share: CRIF
Updated : 1 month, 3 weeks ago IST
As of November 2025, PSU Banks accounted for nearly 60% of the total gold loan portfolio outstanding, strengthening their leadership position over the past two years. Their growing share reflects a strategic tilt towards secured lending, as banks prioritise strong collateral amid elevated go
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Don't Miss Out! CUET 2026 Question Banks Updated as per New Syllabus & Exa
Updated : 1 month, 3 weeks ago IST
New Delhi [India], January 28: The countdown for CUET 2026 has started and all the serious students are aware of the importance of smart preparation. The CUET examination is very challenging and the syllabus is very new, so you must be fully updated with the best study material. The latest C
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Veefin Delivers Strong Q3 and Nine-Month FY26 Performance with Robust Marg
Updated : 1 month, 3 weeks ago IST
Mumbai (Maharashtra) [India], January 28: Veefin Solutions Limited, a global enterprise software product company providing digital banking and transaction-banking platforms to banks and NBFCs, today announced its financial results for the third quarter and nine months ended FY26. The company
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