The Hindu Businessline
Elections 2026Personal Finance / The Hindu Businessline
These instructions come in the wake of banks following differing practices in dealing with bulk deposits
The NBFC logged a 28% y-o-y growth in consolidated net profit at 6,081 crore against 4,765 crore in Q1FY26
Credit active consumers are those whohave at least oneretail loan with balance or limit reported on the portfolio date
Indias domestic credit has grown at a CAGR of 15% to 235 lakh crore in the last 21 years
Assets under management grow 24% on robust retail credit demand, its fastest pace in 3 quarters
Parivartan, the bank's CSR initiative, has impacted over 10.77 crore lives, HDFC Bank said in a statement
New customers will also receive up to 2% cashback on their first forex load on a minimum load of 25,000
GROx Technologies aims to tap into Indias vast merchant ecosystem, leveraging advanced DataTech solutions to bridge the $20 billion credit gap and enhance access to working capital for millions of underserved businesses.
Total deposits reached 19,404 crore from 16,570crore as on June 30 2025, recording 17% growth.
Q1 Results Today, 30th July 2026 Live Updates: Stay tuned for more from businessline
A divided policymaking committee underscored persistent inflation risks, keeping investors focused on the timing and likelihood of the next policy move
Three policymakers backed higher interest rates, giving Kevin Warsh one of the most divided starts to any modern Federal Reserve chairmanship
Total business crossed the Rs 3 lakh crore milestone, rising more than 20% per cent to Rs 3.04 lakh crore
The new offering combines SBI Cards credit card expertise with Google Pays rapidly expanding digital payments ecosystem.
Underwriting profit sharply higher at 111 crore
Disbursement growth in Q1 was broad-based across business segments, with vehicle finance continuing to outperform the industry
Allows perpetual registration of intermediaries, approves registration of ProTec General Insurance and operationalises PEPF
Asset quality improves significantly supported by sound lending practices, effective recovery mechanisms and sustained monitoring of the loan portfolio
The last two fiscal years ending March 2026 have seen an annual growth of 38% in gold lending, with banks growing their books at 35% and NBFCs at 54%
LIC, which completes 70 years since incorporation this year, reported a total asset base of 59.03 lakh crore as of March 31, 2026
Collaboration to initially cover Direct Assignment (DA), Co-lending, Term Lending, Securitisation and Structured Finance solutions
Gross NPA as a percentage of gross advances improved to 1.82% during Q1, from 3.22% a year ago
Total income rises to 3,765 crore during June quarter of FY27, from 3,521 crore in the corresponding period of last fiscal; Net Interest Income (NII) increases 2% to 1,497 crore
This is the first Tier I bonds issuance in the ongoing financial year and the paper carries a coupon rate of 7.75%
Q1 Results Today, 29th July 2026 Live Updates: Stay tuned for more from businessline
Rating reflects diversified lending book; Q1 net profit doubles to 353 crore on strong AUM growth
These banks are offering interest rates 150 bps higher than large lenders
Once the Yogloans acquisition is complete, over the next two and a half to three years, TCL expects to add close to about 500 plus branches and with a portfolio of approximately 4,000 to 5,000 crores
To enhance customer centricity and promote inclusive banking, PSBs have reviewed their service charge structures.
Gross advances of PSBs grew by 15.7 per cent to 127 lakh crore as on March 31, 2026
Were on track for 20% business growth in FY27, says CEO Vijay Anandh
Gross advances grow 27%, led by gold and microfinance loans
The Board also approved fundraising aggregating to around Rs 55,000 crore by way of issue of Non-Convertible Debentures (NCDs)
The High Court has appointed an official liquidator to oversee the winding up of Paytm Payments Bank following the RBIs decision to revoke its banking licence over regulatory violations.
RBI-appointed liquidator Girikumar M Nair to take charge after licence cancellation in April
We are also consciously growing our retail, agriculture and MSME portfolio, says Brajesh Kumar Singh
With this, the shareholding of TVS Motor in TVS Credit will increase from 80.76 per cent to 85.15 per cent
The rupee was up 0.3% on the day at 95.6425 per dollar, hovering around its strongest levels in two weeks
HSBC has offered leverage of as much as 19 times the deposit, compared with about nine times at Standard Chartered
Q1 Results Today, 28th July 2026 Live Updates: Stay tuned for more from businessline
Indias traditional bank-led financing model is insufficient to fund Viksit Bharats long-term growth ambitions, RBI Deputy Governor Rohit Jain said in Mumbai.
This decision, made on July 23, 2026, came after a special committee found their actions to be business overreach rather than outright wrongdoing
Surge in retail loans and healthy growth in agri loans boost growth in advances
The state-owned lenders net interest income rose 13.39 per cent to 10,215 crore, while total income climbed 4.26 per cent to 39,684 crore.
Alleged data leak claims surface online, where the hacker shared screenshots that supposedly reveal personal and corporate banking info, including loan details and customer records
The leaked data includes customer details, identification documents, loan papers and internal audit records
The bank's asset quality showed improvement as gross non-performing assets (NPAs) declined to 1.5% of gross advances at the end of the June quarter, from 2.69% a year ago.
SBIs ERD expects $80-$85 billion to flow into the country, including OFCB and ECB, up from an earlier estimate of $55-65 billion

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