Indian banks are set for a "decisive profitability inflection point" as net interest margins (NIMs) begin to recover after several quarters of compression, according to a latest sector report by Nomura.
Union Minister of State for Finance Pankaj Chaudhary said that the government has launched a special initiative to help citizens reclaim their unclaimed assets lying in banks, under the campaign 'Aapki Poonji Aapka Adhikar'. Speaking to the media at the sidelines of the Financial Awareness M
Addressing the gathering, CM Rekha Gupta praised the initiative and highlighted the growing financial awareness among citizens over the past decade. "We have seen a big participation from common people in banking in the last 10 years. Their awareness and concern for the government schemes
India's banking system continues to exhibit strong and predictable seasonal rhythms, with the financial year-end emerging as the most influential driver of banking activity, according to the Reserve Bank of India's latest bulletin.
The profitability of banks is expected to improve in the coming quarters, driven by improved advances growth and lower interest expenses, according to a report by Systematix Research.
The banking sector's credit-to-deposit (CD) ratio has breached the 80 per cent mark in October 2025, indicating stronger credit offtake compared to deposit growth, according to a report by CareEdge Ratings.
Kotak Mahindra Bank on Saturday reported a consolidated profit after tax (PAT) of Rs 4,468 crore for the quarter ended September 30, 2025 (Q2FY26), compared to Rs 5,044 crore in the same quarter last year. On a standalone basis, the bank's PAT stood at Rs 3,253 crore for Q2FY26, slightly low
Bharatiya Janata Party (BJP) leader Sanjay Jaiswal on Wednesday took a dig at Jan Suraaj founder Prashant Kishor, saying that all 153 candidates fielded by the latter's party will lose their deposits in the already announced Bihar assembly elections.
Gurgaon (Haryana) [India], September 29: Paisabazaar, India's leading marketplace for consumer credit and a free credit score platform, today announced its foray into wealth management with the launch of fixed income instruments on its platform. The strategic initiative is a part of Paisabaz
Trinamool Congress on Monday accused the Bharatiya Janata Party (BJP) of abusing power to dismantle its "Bhasha Andolan protest site" despite prior permission and security deposits and said "what happened at Mayo Road is not the Army's doing".
The surge was primarily driven by a strong rise in term deposits, which grew 13.5 per cent year-on-year, significantly outpacing the modest 5.4 per cent growth in savings deposits.
National Aluminium Company Limited (NALCO), which has acquired five mines in Argentina through its joint venture Khanij Bidesh India Limited (KABIL), is hopeful that deposits on those mines will be suitable for commercial mining.