64 lenders are now live on the unified credit interface platform, RBI says

ULI brings together financial services companies (FIPs) and multiple data providers through a standardized, protocol-driven architecture and an open application programming interface (API) framework. | Photo credit: PRASHANTH VISHWANATHAN A total of 64 lenders, including 41 banks and 23 non-banking finance companies (NBFCs), have been onboarded the Reserve Bank of India’s ULI (Unified Lending Interface) […]

SFBs’ asset quality worsens year-on-year, CD ratio improves in 2024-25: RBI

Saving money concept Man hand putting row and coin Writing Finance Saving money concept Man hand putting row and coin Writing Finance | Photo credit: SARINYAPINNGAM Small finance banks (SFBs) saw their asset quality and profitability deteriorate in 2024-25, while their credit-deposit ratio (CD) improved, according to the Reserve Bank of India’s trends and progress […]

Credit extended by NBFCs to rise to 15% of GDP by March 2025: RBI

close-up image of a man counting Indian currency istock photo for BL | Photo credit: iStockphoto Lending by non-banking finance companies (NBFCs) has increased over the years, underscoring their growing importance in financial intermediation, rising to 15 percent of gross domestic product (GDP) in March 2025, compared to 14 percent a year ago, according to […]

Banks will continue to face competition from non-banking sources: RBI report

Banks will continue to face competition from non-banking sources in meeting the resource needs of the commercial sector, says the RBI’s latest report on the trend and progress of banking in India. Furthermore, rapidly changing technology and digitalization may change the way people interact with banks for their savings and credit needs, while also exposing […]

General insurance is witnessing meaningful, positive shifts: SBI General Chief Jha

Naveen Chandra Jha, Managing Director and Chief Executive Officer, SBI General Insurance Naveen Chandra Jha, Managing Director and Chief Executive Officer, SBI General Insurance, shares his views on developments in 2025 and prospects for 2026. The year 2025 witnessed important developments. What are the regulatory trends you expect in 2026? The regulators are actively working […]