Latest Updates Around The World
IDBI Bank on Saturday reported a 1.4% rise in December standalone net profit at Rs 1,935 crore, compared to Rs 1,908 crore reported in the year-ago period. However, profit after tax fell 47% on a sequential basis, compared to Rs 3,627 crore in the second quarter of FY26.The lender earned an interest income of Rs […]
Banks in India are now willing to consider financing Russian oil trade if the volumes come from non-blacklisted sellers and the transactions comply with sanctions, people familiar with the matter said. That’s a shift from a few weeks ago — before the latest U.S. measures, which took effect Friday — when lenders were wary of […]
Fitch says the 21 reforms announced by RBI are overall positive for the Indian financial sector | Photo credit: FRANCIS MASCARENHAS Indian banks will strengthen their financial resilience under the Reserve Bank of India’s (RBI) proposed regulatory reforms, global rating agency Fitch Ratings said in a report released on Sunday. In its latest analysis titled […]
The Reserve Bank of India’s latest draft guidelines on the Expected Credit Loss (ECL) framework and the revised capital standards for credit risk mark a turning point in the development of Indian banking regulation. Together they are driving the industry decisively towards global best practices in credit risk modelling, provisioning discipline and capital efficiency. Under […]
Banks more careful in punishing new loans to exporters with higher business dependence on American markets Indian banks have supervised their exposure to the export credit segment and are more careful in punishing new loans to exporters with higher business dependence on American markets, bankers said. The US is said to have imposed a rate […]
The largest lender in the Land of the Lender State Bank of India (SBI) received the highest number of complaints from customers in FY25, while Axis Bank was at the top of the list at private banks | Photocredit: Rupak de Chowdhuri Indian banks continued to register a considerable number of complaints from customers in […]
The credit-to-deposit ratio in Indian banks has stayed below 80 percent while the credit decrease in the country remains withhold, according to a report from CareEdge ratings. The report emphasized that although both credit decrease and the deposit growth have increased consecutively, they remain considerably lower than the levels that were seen last year. Deposits […]
The report emphasized Gedempte Growth in Netto Interest income (NII) in the banking sector due to a weak expansion of credit. | Photocredit: Venkatachalapathy C The Indian banking sector witnesses a steady pick -up in the deposit growth, but banks will probably report a decrease in their net interest rate margins (NIM) in the first […]
