Search For "india banking sector"
NABARD holds state credit seminar in Shimla, releases Rs 45,810 crore stat
Updated : 3 months, 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 : 4 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 : 4 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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Indian banking sector resilient; fundamentals strong for further credit gr
Updated : 4 months, 2 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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'Banking sector must grow 3-3.5 percentage points faster than nominal GDP
Updated : 8 months, 4 weeks 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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Gross NPA of public sector banks declined to 3.1% from peak of 14.6% in Ma
Updated : 1 year, 5 months ago IST
The Gross NPA ratio of public sector banks has declined to 3.12 per cent in September 2024 from 4.97 per cent in March 2015 and from a peak of 14.58 per cent in March 2018, the government said in a statement Thursday, reaffirming the good health in the banking system.
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Credit-deposit imbalance could pose significant liquidity risks for Indian
Updated : 1 year, 9 months ago IST
The gap between credit growth and deposit growth at Indian banks is largely driven by households shifting their savings to relatively high-return investments, said Tusharika Aggarwal, a dividend forecasting research analyst at S&P Global Market Intelligence.
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Bad loans during UPA stifled credit needs of startups and small businesses
Updated : 1 year, 11 months ago IST
The bad loans crisis during the Congress-led UPA tenure stifled the credit requirements and dreams of crores of aspirational Indians who wanted to establish start-ups and expand small businesses, alleged Finance Minister and senior BJP leader Nirmala Sitharaman.
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Indian banks' profitability to remain resilient despite margin pressure: F
Updated : 2 years, 1 month ago IST
Profitability of Indian banks is likely to continue to improve, although net interest margin (NIM) compression will limit earnings upside over the medium term, according to Fitch Ratings.
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Public sector banks doing better in managing NPAs vis-a-vis their private
Updated : 2 years, 2 months ago IST
Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found.
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