New Delhi [India], February 24: VideoCX.io, India's leading Video KYC and Video Banking platforms and a pioneer of Personal Discussion on Video (Video PD) since 2018, today announced the launch of its AI-powered Video PD module, further strengthening the credit underwriting process across In
Bank credit also witnessed a notable increase. Non-food bank credit of all scheduled banks climbed to Rs 208.14 lakh crore as on December 31, 2025, compared with Rs 201.81 lakh crore on December 15, 2025 and Rs 181.95 lakh crore in late December 2024. Loans, cash credits and overdrafts forme
The banking system in the country has recorded a robust expansion over the last two decades, with total deposits and advances rising sharply, highlighting the growing scale and depth of financial intermediation in the country, according to a report by the State Bank of India (SBI).
Loan growth remained robust across the system, with private banks reporting year-on-year growth of about 11% and state-owned banks posting over 12% growth. NBFCs also continued to see healthy expansion in assets under management, the report said.
Most Indian banks recorded an increase in market capitalisation during the October-December quarter, supported by festive season demand and cuts in the goods and services tax (GST), according to S&P Global Market Intelligence data.
Prime Minister Narendra Modi on Wednesday said that nearly Rs 2,000 crore has already been returned so far to the rightful owners under the 'Your Money, Your Right' initiative, launched by the government in October 2025 to help citizens reclaim their forgotten financial assets.
The Indian banks are rapidly integrating machine learning models into Financial Crime Compliance (FCC) operations amid rising fraud and regulatory scrutiny, making the traditional rule-based systems inadequate.
Banks in the Asia-Pacific region, including those in India, have built stronger capital positions compared to their counterparts in the United States and Western Europe, Moody's highlighted in its latest survey report.
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.
Analysts attribute the tightening to a combination of seasonal currency leakage, muted government spending, tax outflows, and most notably, heavy unsterilized foreign exchange intervention by the RBI.
Nirav Modi, Mehul Choksi, Vijay Mallya, Nitin Sandesara, Chetan Sandesara and Sudhir S Venkatramanare are among India's 15 Fugitive Economic Offenders (FEOs) as of October 31, 2025, as they together are responsible for causing financial losses of over Rs 58,000 crore to public sector bank
The bid will be open tomorrow for Non-Retail investors, while the Retail investors can bid on Wednesday. "Government offers to disinvest 5% equity in the bank with an additional 1% as a green shoe option," DIPAM said.