Real-time market updates from India's financial markets and global sources.
15 articles
Indian banks will see a slight dip in their return on assets this fiscal. This is due to lower treasury income and early provisions for a new accounting rule. Despite this, profitability will remain strong, well above historical averages. Net interest margins are expected to stay stable. Credit growth will continue to be healthy.
Banking/Finance-Industry-Economic Times
Circulate Capital has committed $150 million from its second fund to Indian recycling companies, building on initial successes. The firm, backed by major corporations and development finance institutions, is expanding its focus to critical materials like metals, aiming to diversify supply chains away from China.
Banking/Finance-Industry-Economic Times
India Infrastructure Finance Company Ltd (IIFCL) aims for Rs 75,000 crore in sanctions for FY26, a significant increase. This expansion follows the removal of key lending restrictions, opening new avenues for growth. IIFCL achieved its highest-ever sanctions in FY25-26, with disbursements also rising. The company is exploring emerging sectors and strengthening its conventional project pipeline.
Banking/Finance-Industry-Economic Times
Although number of frauds for public and private sector banks reduced, the amount involved has increased over the years. Number of frauds was highest under card, internet, and digital payments category in the past two financial years.
Banking/Finance-Industry-Economic Times
The Supreme Court is examining an appeal by Lilavati Kirtilal Mehta Medical Trust, which had accused HDFC Bank MD Sashidhar Jagdishan of bribery. The Bombay High Court had previously quashed the case. The Supreme Court has asked for responses from the CBI and Mumbai Police. It noted that personal benefit allegations might still need scrutiny.
Banking/Finance-Industry-Economic Times
Public sector banks received guidance from the Centre to prepare for global uncertainties. The finance ministry reviewed bank performance and launched a portal for unclaimed financial assets. Banks were urged to adopt austerity measures and support borrowers under the ECLGS 5.0 scheme. Efforts to strengthen digital banking and credit access for MSMEs were also discussed.
Banking/Finance-Industry-Economic Times
Indian banks will see a dip in their return on assets this financial year due to less income from investments and banks setting aside money early for new credit loss rules, Crisil said. Net interest margins are expected to stay steady; competition for deposits is increasing, potentially raising funding costs for banks, it added.
Banking/Finance-Industry-Economic Times
Online PSB Loans (OPL) is in advanced talks to bring AvenuesAI on board as a minority stakeholder, with AvenuesAI planning to acquire a 7% equity stake. This strategic investment will see AvenuesAI become the sole AI-led platform in OPL's investor consortium, enhancing credit access for the underserved through a blend of AI, payments technology, and public-sector digital banking.
Banking/Finance-Industry-Economic Times
Bank credit is growing faster than deposits. Lending to industries is slowing down due to global uncertainties. Loans against gold jewellery are still increasing, though at a slightly slower pace. Overall, banks are seeing a shift in their lending patterns. This trend is expected to continue with moderating credit growth this fiscal.
Banking/Finance-Industry-Economic Times
AvenuesAI is planning a minority investment of up to 2.5% in Ratnaafin Capital, a scaled new-age NBFC with a lending book exceeding INR 2000 crores, as part of its strategy to build an AI-led embedded finance and digital lending ecosystem through partnerships with specialised NBFCs.
Banking/Finance-Industry-Economic Times
Indian banks aggressively cut fresh deposit rates in April 2026 to protect margins, with the weighted average falling to 5.77%. Simultaneously, lending rates saw a slight increase, widening the gap and signaling efforts to rebuild net interest margins. This trend, however, raises concerns about the equitable transmission of monetary policy to borrowers.
Banking/Finance-Industry-Economic Times
Indian life insurers are asking the government to double the tax-free limit for insurance policies. This move aims to increase money flowing into these funds. Inflows have slowed down since new tax limits were introduced in February 2023. Higher inflows would support government borrowing needs for long-term projects. The Life Insurance Council has formally requested this change.
Banking/Finance-Industry-Economic Times
In the fiscal year 2025-26, India's financial landscape demonstrated remarkable stability. Both banks and non-bank entities showcased solid balance sheets, reflecting a significant uptick in asset quality and sturdy capital reserves. With gross bad loans hitting their lowest levels in decades, comprehensive stress tests reaffirmed that banks are well-prepared for potential financial adversities.
Banking/Finance-Industry-Economic Times
The bids remain ‘alive’ and the government is examining legal provisions under the tendering framework that allows for bids to be accepted even if offers are below the reserve price, said the people cited above.
Banking/Finance-Industry-Economic Times
After a decade of downsizing the wholesale business, Karur Vysya now plans to reverse it by raising the corporate loan share to 20% in the next two years from 14% at present. It also plans to enter into the credit card business, and loans against mutual funds are on the cards, too, as is a renewed focus on microloans.
Banking/Finance-Industry-Economic Times
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