banking sector

Mumbai, April 10 The benchmark indices Sensex and Nifty surged by over 1% on Friday, driven by buying in the banking sector and a positive trend in global equities.Investor sentiment improved amid hopes of further easing in the Middle East crisis ahead of US-Iran negotiations and lower crude...

Karachi, April 10 Easing geopolitical tensions led to a gain of 1,400 points in the Pakistan Stock Exchange (PSX) KSE-100 Index on Friday, bringing it to around 166,961 points.Strong trading activity pushed the index to a high of 168,290 during the day before settling in positive territory...

Mumbai, April 9 – The Sensex and Nifty benchmark indices experienced heavy selling pressure, leading to significant declines on Thursday after investors reduced their exposure to financial, banking, and IT stocks due to renewed tensions in the West Asia, which had previously fueled optimism...

Washington, April 9 – Pakistan is facing mounting debt pressures, weak growth prospects, and persistent structural vulnerabilities, which threaten its economic stability, the World Bank said.The report highlighted that economies with high public debt, limited fiscal space, and heavy external...

Washington, April 9 – The World Bank says that Bangladesh’s economy is expected to experience a gradual recovery after a period of slowdown, supported by improving domestic demand and stabilizing conditions.Growth is projected at 3.9 per cent in the fiscal year 2025-26, reflecting the impact...

Mumbai, April 8 Bankers described the Reserve Bank's decision to maintain interest rates in its policy review on Wednesday as a prudent and well-calculated measure.Specific measures for individual sectors, such as the removal of the Investment Fluctuation Reserve requirement and easing of CRAR...

Mumbai, April 8 The gross non-performing assets (NPAs) ratio of Indian scheduled commercial banks declined further to 2 per cent in December 2025, the Reserve Bank said on Wednesday.Gross NPAs – which represents the proportion of loans unpaid for over 90 days – for the banking system stood at...

New Delhi, April 8 Stocks in the real estate, auto, and banking sectors, which are sensitive to interest rates, were in high demand on Wednesday, a day when the Reserve Bank of India kept its key policy rate unchanged, adopting a wait-and-see approach as policymakers assessed the fallout from...

Mumbai, April 8 The Reserve Bank on Wednesday decided to discontinue the Investment Fluctuation Reserve (IFR), an additional buffer that banks were required to maintain to protect against depreciation in the value of their investments, as a measure to support the capital adequacy of lenders...

Mumbai, April 8 Reserve Bank Governor Sanjay Malhotra announced on Wednesday that the monetary authority will be introducing a new framework for non-bank lenders in the wake of uncertainty surrounding Tata Sons' listing issue."We are coming up with a new framework for NBFCs. We should be doing...

New Delhi, April 6 State-owned UCO Bank announced on Monday a 19 per cent increase in credit growth to Rs 2.62 lakh crore in the January-March quarter of FY26.Total advances stood at Rs 2.20 lakh crore in the year-ago quarter that ended in March 2025, UCO Bank said in a regulatory filing.The...

New Delhi, April 6 Bank of Maharashtra (BoM) on Monday said it has registered a total credit growth of 22 per cent to Rs 2.92 lakh crore in the fourth quarter ended March 2026.The outstanding credit was Rs 2.40 lakh crore at the end of the January-March quarter of the previous fiscal, BoM said...

New Delhi, April 4 IDBI Bank, controlled by LIC, reported a 16 per cent increase in loan growth to ₹2.53 lakh crore for the quarter ended March 2025 on Saturday.The bank's total advances stood at ₹2.18 lakh crore as of March 31, 2025, IDBI Bank said in a regulatory filing.The lender reported...

New Delhi, April 1 The Insolvency and Bankruptcy Code has helped improve the health of the Indian banking sector, Finance and Corporate Affairs Minister Nirmala Sitharaman said on Wednesday.The Parliament passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2026, after the Rajya Sabha...

New Delhi, April 1 The Parliament passed amendments to the Insolvency and Bankruptcy Code (IBC) on Wednesday to facilitate faster resolutions, reduce case backlogs, and strengthen the financial ecosystem.The Rajya Sabha passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2026, through...

Mumbai, April 1 Amid the West Asia conflict, domestic rating agency Crisil on Wednesday estimated that banks' credit growth would moderate marginally in FY27 and delinquencies would rise.The banking system is expected to report a 13 per cent credit growth in 2026-27, a marginal dip compared to...

New Delhi, March 30 Finance and Corporate Affairs Minister Nirmala Sitharaman stated in the Lok Sabha on Monday that the Insolvency and Bankruptcy Code (IBC) has been a key and very important factor in improving the health of the country's banking sector, including the recovery of non-performing...

New Delhi, March 23 South Indian Bank, a private sector lender, announced on Monday that it has appointed former RBI Executive Director Jose Joseph Kattoor as its non-executive, part-time chairman.The appointment is effective from March 23, 2026, for a term of three years.The appointment...

Mumbai, March 18 Fresh slippages in the banking sector are expected to rise in the near term due to emerging stress in the retail and MSME segments, even as overall asset quality remains strong, a report said on Wednesday.Despite this, the report expects the impact on overall asset quality to...

Mumbai, March 18 Former Reserve Bank Deputy Governor M Rajeshwar Rao on Wednesday called for a "re-evaluation" of the criteria for investors.Rao, who retired in September last year, said that a growing economy aspiring to accelerate economic growth will need strong financial institutions to...