Search For "banks"
Delhi: Crime Branch busts bank loan fraud gang, 3 held in cheating case
Updated : 2 months, 3 weeks ago IST
The accused posed as government employees, prepared forged identity cards and fake income documents, and fraudulently obtained loans from various banks.
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Scheduled commercial banks allowed to set up pension funds for managing NP
Updated : 2 months, 3 weeks ago IST
A key highlight of the reform package is the proposal to allow Scheduled Commercial Banks (SCBs) to independently set up Pension Funds for managing NPS.
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RBI grants BRISKPE final PA authorisation under Cross-Border Inward & Outw
Updated : 2 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], December 30: BRISKPE, the Prosus-backed cross-border payments platform, today announced it has received the Reserve Bank of India's final authorisation to operate as a Payment Aggregator-Cross Border (PA-CB) under the Payment and Settlement Systems Act, 2007, en
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RBI releases Comprehensive Statistical Tables on Indian banking sector for
Updated : 2 months, 3 weeks ago IST
The Reserve Bank of India (RBI) on Monday released its latest web publication titled 'Statistical Tables relating to Banks in India: 2024-25', which provides a detailed look at the activities of the country's banking sector.
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Indian commercial banking sector remained resilient during 2024-25: RBI Re
Updated : 2 months, 3 weeks ago IST
The Indian banking sector showed a strong and steady performance during the 2024-25 period, according to a recent report released by the Reserve Bank of India (RBI). The banking industry maintained its strength through a healthy expansion of its balance sheets, which measures the total value
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Corporate lending by banks to revive in coming quarters amid narrowing bor
Updated : 2 months, 3 weeks ago IST
The report noted that banks' loan growth to corporates has remained muted since the pandemic, largely due to aggressive deleveraging by companies and a shift towards alternative funding sources such as bonds, commercial paper and overseas borrowings.
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U.S. holds top spot as Taiwan's largest bank debtor for 41st straight quar
Updated : 2 months, 3 weeks ago IST
The United States remains the top debtor of Taiwan banks for the 41st straight quarter. This means the U.S. owes more money to Taiwanese banks than any other country. According to a report by Focus Taiwan, this trend has continued for more than ten years without any change at the top spot.
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The Rise of Women-Centric Banking: How AU Savings Accounts Empower Financi
Updated : 2 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], December 29: Women today are leading businesses, managing households, building investments, and shaping financial decisions like never before. As their financial journeys evolve, banks are also reshaping their offerings to meet their needs more thoughtfully.
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CIMSME Honours MSME Banking Champions and Launches 'MSMEs of Developed Ind
Updated : 2 months, 3 weeks ago IST
New Delhi [India], December 27: The Chamber of Indian Micro Small and Medium Enterprises (CIMSME) successfully hosted the 13th edition of the MSME Banking Excellence Awards 2025. The prestigious event, which recognises the exceptional contributions of banks, financial institutions, and ecosy
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NBFCs raise Rs 635 billion across 24 IPOs in 2025, accounting for 26.6% of
Updated : 2 months, 4 weeks ago IST
In contrast, banks took a more calibrated approach. While private banks recorded virtually no IPO fundraising in CY25, PSU banks emerged as dominant players in the Qualified Institutional Placement (QIP) market.
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Rupee stands out as top performer last week in Asia despite global FX vola
Updated : 2 months, 4 weeks ago IST
However, the Indian rupee witnessed heightened volatility during the week and appreciated ~1.27% last week after hitting fresh all-time lows of Rs 91.09 against USD on 16th Dec'25, influenced by weak global cues from the US, major central banks policy decisions, ongoing trade negotiations, a
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Private banks lead small business lending; PSBs lost share in last 2 years
Updated : 2 months, 4 weeks ago IST
Private banks continue to dominate enterprise lending to small businesses in India, closely followed by public sector banks (PSBs), though the latter have seen a decline in their market share over the past two years, according to a report by Small Industries Development Bank of India (SID
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