Search For "commercial banks"
Banks allowed to sponsor pension funds under NPS, it is level playing fiel
Updated : 4 weeks ago IST
Having allowed banks to sponsor pension funds under the National Pension System (NPS), Chairman of the Pension Fund Regulatory and Development Authority (PFRDA) Sivasubramanian Ramann, has said that the playing field is level for all sponsors, including Asset Management Companies.
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Gross NPAs of Scheduled Commercial Banks for domestic operations reach his
Updated : 1 month ago IST
The gross NPA ratio, which is gross NPAs as a percentage of gross loans and advances of Scheduled Commercial Banks (SCBs), for domestic operations, has been continuously declining during the last eight financial years.
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Scheduled commercial banks allowed to set up pension funds for managing NP
Updated : 2 months, 1 week 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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Indian commercial banking sector remained resilient during 2024-25: RBI Re
Updated : 2 months, 2 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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Nepal continue to remain in FATF'S greylist
Updated : 4 months, 2 weeks ago IST
The Financial Action Task Force (FATF) kept Nepal and 17 other countries on its 'greylist' and reviewed their progress in addressing strategic deficiencies in combating money laundering, terrorist financing, and proliferation financing.
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DBS Recognised as Safest Bank in Asia yet Again
Updated : 5 months ago IST
Mumbai (Maharashtra) [India], October 10: DBS announced today that it has once again been named "Safest Bank in Asia" in 2025, marking its 17th consecutive year receiving this distinguished recognition. The bank also retained its position at 2nd in the 'World's 50 Safest Commercial Banks' li
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RBI survey shows optimism in bank lending; loan demand set to rise across
Updated : 5 months, 1 week ago IST
The Reserve Bank of India (RBI) has released the results of the 33rd round of its quarterly Bank Lending Survey (BLS) of scheduled commercial banks on credit demand and lending conditions. The survey, conducted for the second quarter of 2025-26, reveals a continued optimism among bankers abo
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Jana Small Finance Bank Launches Used Car Loans Powered by Scienaptic AI
Updated : 5 months, 1 week ago IST
New York [US]/ Bengaluru (Karnataka) [India], September 1: Scienaptic AI, a global leader in AI-powered credit decisioning, today announced that Jana Small Finance Bank (Jana SFB), one of India's fastest-growing scheduled commercial banks, has partnered with it to launch Jana Bank's Used Car
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Credit costs of banks surge in Q1FY26; asset quality marginally weakens: C
Updated : 6 months, 3 weeks ago IST
The credit costs of scheduled commercial banks (SCBs) in the country surged in the first quarter of the current financial year, even as their asset quality worsened marginally on a sequential basis, according to a report by CareEdge Ratings.
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DoT welcomes RBI advisory mandating banks to integrate financial fraud ris
Updated : 8 months, 2 weeks ago IST
The Department of Telecommunications (DoT) welcomes the Reserve Bank of India's (RBI) advisory issued on June 30, 2025, directing all Scheduled Commercial Banks, Small Finance Banks, Payments Banks, and Co-operative Banks to integrate the Financial Fraud Risk Indicator (FRI) developed by DoT
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Average lending rates of scheduled commercial banks declining in line with
Updated : 8 months, 2 weeks ago IST
The weighted average lending rate (WALR) on fresh rupee loans of scheduled commercial banks (SCBs) declined to 9.20 per cent in May 2025, from 9.26 per cent in April, Reserve Bank of India (RBI) data showed.
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Significant drop in Credit growth of banks, as of June 13, 9.6% Vs 19.1% (
Updated : 8 months, 2 weeks ago IST
The credit growth of Scheduled Commercial Banks (SCBs) has moderated to 9.6 per cent as on 13 June 2025, a sharp decline from 19.1 per cent recorded a year ago, according to a recent report by the State Bank of India (SBI).
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