Search For "india banking"
NABARD holds state credit seminar in Shimla, releases Rs 45,810 crore stat
Updated : 1 month, 3 weeks ago IST
The National Bank for Agriculture and Rural Development (NABARD) on Wednesday organised the State Credit Seminar for Himachal Pradesh in Shimla, during which the State Focus Paper for 2026-27 was released. The seminar was attended by key stakeholders from the State Government, Reserve Ban
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RBI gives approval to Japan's SMBC for setting up Wholly Owned Subsidiary
Updated : 2 months, 1 week ago IST
SMBC is currently carrying on banking business in India in branch mode through its four branches located in New Delhi, Mumbai, Chennai and Bengaluru. The 'in-principle' approval has been granted to the bank for setting up a WOS through conversion of its existing branches in India, RBI said i
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RBI invites comments on draft rules for dividend payout by banks
Updated : 2 months, 2 weeks ago IST
The Reserve Bank of India (RBI) has invited public comments on the draft "Reserve Bank of India (Prudential Norms on Dividend and Remittance of Profit) Directions, 2026", proposing a revised framework for declaration of dividends and remittance of profits by banks.
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Tighter risk framework strengthens India's banking operating environment:
Updated : 2 months, 2 weeks ago IST
Global credit rating agency Fitch Ratings on Tuesday said a tighter risk framework is helping in strengthening India's bank operating environment, reflecting improving systemic resilience and risk controls in the Indian banking sector.
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Indian banking sector resilient; fundamentals strong for further credit gr
Updated : 2 months, 3 weeks ago IST
India's banking sector has remained resilient, underpinned by calibrated risk management and improving asset quality, with overall credit offtake expected to strengthen in the near term as interest rates soften, GST rationalisation progresses, and festive demand continues, according to a
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HSBC India Expands its Presence in Madhya Pradesh, Opens New Branch in Ind
Updated : 3 months, 1 week ago IST
Indore (Madhya Pradesh) [India], December 17: HSBC India unveiled its new branch in Indore, Madhya Pradesh, marking a significant step in its strategic expansion across the country. This launch in Indore is the bank's 29th branch in India, following the Reserve Bank of India's approval ea
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Banks poised for earnings rebound as sector hits inflection point: IIFL Re
Updated : 4 months ago IST
India's banking landscape is approaching a decisive inflection point, with earnings set to rebound sharply over FY27-28 after a period of subdued growth, noted a report by IIFL Capital.
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SBI receives 'World's Best Consumer Bank 2025' and 'Best Bank in India 202
Updated : 5 months ago IST
State Bank of India (SBI) received two prestigious accolades from Global Finance, New York at the Global Finance Award Ceremony held during the World Bank/IMF Annual Meetings 2025: World's Best Consumer Bank 2025 and Best Bank in India 2025.
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'Banking sector must grow 3-3.5 percentage points faster than nominal GDP
Updated : 7 months ago IST
For India to meet its 'Viksit Bharat' targets, banking assets need to grow at 3.0-3.5 percentage points faster than its nominal GDP, according to a report by Boston Consulting Group (BCG) in association with FICCI and Indian Banks' Association.
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PayU Receives Final Authorization from The RBI to Operate as an Online Pay
Updated : 10 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], May 14: PayU, one of India's leading online payments services providers, has announced that it has received the final authorization from the Reserve Bank of India (RBI) to operate as an Online Payment Aggregator under the Payment and Settlement Systems Act, 2007
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Protectt.ai Launches AI-Powered Fraud Prevention Solution with Device Inte
Updated : 11 months ago IST
San Francisco [US], April 30: Protectt.ai, a leader in mobile application security and fraud control, today announced the launch of AppAuth, an advanced AI-powered Mobile App Fraud & Risk Management (FRM) solution designed to secure critical mobile applications against ever-evolving land
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India needs to add USD 4 trn in bank capital to meet 'Viksit Bharat' GDP t
Updated : 1 year, 1 month ago IST
India's banking sector will need to raise USD 4 trillion in capital over the next two decades to support the country's goal of becoming a developed economy, or "Viksit Bharat," by 2047, according to a report by HSBC Mutual Fund.
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