The Hindu Businessline

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

The platform leverages automated underwriting, analytics and real-time data integration to enhance operational efficiency, risk management and customer experience

Amid fluctuating investor sentiment over Fed rate hikes and legislative uncertainties, Bitcoin ETFs face significant withdrawals, highlighting the fragility of recent crypto gains

Q1 Results Today, 27th July 2026 Live Updates: Follow businessline for more Q1FY27 updates

The company plans to raise 5,000 crore ($517.80 million) through bonds maturing in 2.5, 3.5, and 5 years

We will do whatever is required first to maintain price stability and then to see to what extent we can support growth, says RBI Governor Sanjay Malhotra

Measures led to $32 billion inflows, largely through FCNR(B), says RBI Governor

The entire EPF auto refund process is expected to get ready by August end

Move follows Parliamentary Standing Committee on Finances call for a statutory and regulatory framework for VDAs

PNB MD Ashok Chandra says the lender will build on its 5,000 crore-plus quarterly profit run while expanding retail, MSME and agri lending.

Net interest margin (NIM) rose to 5.9 per cent in Q1FY27 from 5.4 per cent in the year ago quarter

In the reporting quarter, the Bank recorded a 21 per cent growth in net interest income at Rs 5,972 crore (Rs 4,933 crore in the year ago period)

The bank currently has a workforce of more than 2,45,000 employees

WestBridge is reported to have spoken with financial advisers to evaluate a sale of its 40% stake in the insurance company

Following the transaction, Bank of Baroda will retain a 65% stake in IndiaFirst Life, while BNP Paribas Cardif will hold around 26%.

These regulatory bodies will operate under regulatory oversight until the government introduces a comprehensive framework

Net interest margin (NIM) was a shade lower at 2.52 per cent against 2.55 per cent in the year ago period

Q1 Results Today, July 24, 2026, Highlights: Follow businessline for more updates

Retail policy market to be strategic focus for company going ahead, says ManipalCigna Health MD & CEO Joydeep Saha

While the government acknowledged that insurers consider clinical assessments among other factors, it emphasised that claims are ultimately decided according to policy conditions

Excluding the aforementioned impact of 5,680 crore, the public sector banks net profit would have been 5,528 crore

The sharpest growth came from the protection segment, where new business premium more than doubled to 1,960 crore

The Latest Home Loan Interest Rates: Jul 24, 2026

The Latest Fixed Deposit Interest Rates: Jul 24, 2026

During the quarter, MUFG Bank, the Japanese banking giant and subsidiary of Mitsubishi UFJ Financial Group, completed its acquisition of a 20 per cent equity stake in Shriram Finance

Paytms Q1 FY27 revenue reached 24.5 billion, a 28% year-on-year and 8% sequential increase; Net profit rose 79% year-on-year to 2.2 billion

State-run Canara Bank was the last lender to tap the market, raising 3,500 crore through Basel III-compliant additional Tier I perpetual bonds at a 7.55 per cent coupon in November 2025

The United Arab Emirates largest lender is targeting customers based in West Asia and is in talks with banks in India that could issue standby letters of credit to back the financing

Indias MSME Ministry unveiled an enhanced Credit Guarantee Scheme, boosting collateral-free loans to aid micro and small enterprises, fostering growth and innovation across the country

Largest such issue by an Indian lender in nearly 14 years; attracts $3 billion in bids

The rupee was around 96.70 per dollar in the interbank system at 08:55 a.m. IST, above its all-time low of 96.96 reached in May

NPCI is targeting a launch around the Global Fintech Fest later this year as it looks to make UPI payments as seamless as tokenised card transactions, particularly amid the expected entry of Apple Pay into India

Q1 Results Today Highlights July 23, 2026: Follow businessline for more

Thakur noted that about two decades ago, SCB began as a community credit society and later became an urban co-operative bank with a business size of roughly 4,000 crore

Net interest income rose 28 per cent y-o-y to Rs 316 crore (Rs 247 crore)

The Hub will serve as a collaborative platform for research, innovation, incubation, and acceleration of next-generation financial technologies

Rajesh brings more than two decades of experience in financial services and technology

The certification enables Hyderabad-based Viyona to offer BBPS-powered bill payment services across utilities, telecom, insurance, loan EMIs, education fees and other categories

The stock hit an intraday low of 1,000.60 on the NSE, down 6.4 per cent.

The lender is expected to raise at least $500 million through this issue and has provided guidance of a spread of 130 basis points over the corresponding US Treasury yield

This initiative aims to provide non-resident Indian (NRI) customers with access to leverage, enabling them to place higher deposits with tenors of 3-5 years.

Despite modest growth in net interest income and continued pressure on margins, IndusInd Bank expects net interest margins to improve in the second half of FY27, with loan growth matching industry trends

With interest rates in the bond market tightening, corporates tapped banks for credit in a big way in the first three months of current

The banks net interest income rose to 2808.26 crore from 1403.23 crore for the corresponding period last fiscal.

Equity MF average AUM grew 22 per cent YoY to 3.51 lakh crore