Credit costs of banks surge in Q1FY26; asset quality weakens

The credit costs of scheduled commercial banks (SCBs) in the country surged in the first quarter of the current...

DoT welcomes banks to integrate financial fraud risk indicator

The Department of Telecommunications (DoT) welcomes the Reserve Bank of India's (RBI) advisory issued on June 30,...

Taipei Fubon Commercial Bank to open branch in India

Taipei Fubon Commercial Bank, the banking arm of Fubon Financial Holding Co., has received approval from Taiwan's...

Avg lending rates of SCBs declining in line with repo rate cut

The weighted average lending rate (WALR) on fresh rupee loans of scheduled commercial banks (SCBs) declined to 9.20...

Significant drop in Credit growth of banks, as of June 13, 9.6%

The credit growth of Scheduled Commercial Banks (SCBs) has moderated to 9.6 per cent as on 13 June 2025, a sharp...

NBFCs outpace Banks in credit growth in FY25: BCG Report

Non-Banking Financial Companies (NBFCs) have significantly outpaced commercial banks in credit growth during Fiscal...

MSME loan demand grew 11%, but supply declined 11% (Y-o-Y)

Commercial loan demand in the Micro, Small and Medium Enterprises (MSME) sector witnessed an 11 per cent...

SBI Payments and Pine Labs deepen 12-year partnership

Mumbai (Maharashtra) [India], January 25: Today, SBI Payments and Pine Labs announced an expanded strategic...

Northern Arc Enables DCB Bank’s Digital Lending Journey

Chennai (Tamil Nadu) [India], January 24: Northern Arc Capital, a leading diversified NBFC and financial services...

Pakistani Taliban issues warning to civilians

In a statement released on Sunday, the TTP vowed to target a range of business ventures operated by the Pakistani...

SCBs see a sharp drop in NPA ratio, falling to 2.67% in June 2024

The gross nonperforming assets (NPA) ratio for scheduled commercial banks (SCBs) witnessed a significant reduction...

Lok Sabha passes Banking Laws Amendment Bill

Noting that all public sector banks are turning profitable, Finance Minister Nirmala Sitharaman said on Tuesday...