HSBC: PSU Banks to Outperform Credit Growth in Medium Term
A new HSBC report predicts that public sector banks in India will exceed the system-wide credit growth rate over the next few years, driven by strong fundamentals and improved performance.
Category : Search result: digitalisation of banks
Banks Open on Lohri 2026, No Holiday January 13
Public and private banks in India will operate normally on Tuesday, January 13, 2026, despite Lohri celebrations in northern regions. The RBI confirms no bank holiday for this festival.
RBI DG: Digital Banking Reshapes Risks, Needs New Supervision
RBI Deputy Governor M. Rajeshwar Rao states rapid digitalisation is transforming banking risks, requiring supervisors to fundamentally rethink their strategies. Learn the key challenges.
RBI Governor: Align Digitalisation with Fair Consumer Outcomes
RBI Governor Shaktikanta Das warns that unchecked digital innovation can harm consumers. He calls for ethical tech development and robust grievance redressal. Read his full speech.
CJI Launches India's First Paperless Court in Kerala's Wayanad
Chief Justice of India Justice Surya Kant inaugurated India's first paperless court in Wayanad, terming it a step towards 'green jurisprudence'. The move aims to reduce paper use and enhance judicial efficiency. Read more about this historic digital shift
PSU Bank Employees More Productive Than Private Bank Staff
RBI data reveals PSU bank employees generated a median profit of ₹19.6 lakh in FY25, surpassing private banks. Discover the factors behind this productivity surge.
RBI Ranks 7th in Global Central Bank Assets 2025
The Reserve Bank of India holds the 7th spot among the world's largest central banks by assets in 2025, as per BIS data. Discover the full top 10 list and key insights.
Bank fraud amount up 30% in Apr-Sep 2025: RBI
RBI data shows a 30% surge in banking fraud amounts to Rs 21,515 crore in H1 FY26, even as the number of cases fell sharply. Public sector banks bore the brunt of the value. Read the full analysis.
Tanzanian Scholar Gets PhD from Lucknow University
Nyanda Benjamin becomes first international research scholar at Lucknow University's education department to receive a PhD. His study on leadership and digitalisation offers key insights for India and Tanzania. Read more.
National Consumer Day: From Scarcity to Instant Gratification
On National Consumer Day, experts Jisu Ketan Pattanaik & Sumit Kumar Singh explore how digital convenience blurs the line between choice and manipulation. Read their analysis.
Rajasthan invests Rs 700 crore in digital power sector overhaul
Rajasthan govt allocates Rs 700 crore for digital tools in power sector to cut losses & boost services. Plan includes smart meters, AI analytics & GIS mapping for Viksit Rajasthan 2047 vision. Read more.
HSBC India's Big Expansion: 20 New Branches, Top 5 Goal
HSBC India CEO Hitendra Dave unveils ambitious plan to become a top-5 private bank, leveraging RBI approval for 20 new branches to target affluent customers and fast-growing cities.
RBI's New Rules for Foreign Bank Exposures
RBI mandates stricter exposure caps for foreign banks' overseas branches, effective April 2026. New rules aim to curb concentration risk and align with global standards. Read the full details.
PSU Bank Stocks Fall After Govt Clarifies on FDI Limit
Shares of state-owned banks fell sharply after the government clarified it is not considering raising the FDI limit in PSU banks from 20%. Get the full market analysis here.
Chinese Banks Scrap 5-Year High-Yield Deposit Products
Top Chinese banks, including ICBC and AgBank, have removed high-interest 5-year certificates of deposit to cut costs. This move aims to ease pressure on record-low profit margins as lenders support the economy. Learn the implications for savers and the ba
Bank Holiday in Goa Today for Feast of St. Francis Xavier
Banks in Panaji, Goa, are closed on Wednesday, December 3, 2025, for the Feast of St. Francis Xavier. Check the city-wise operational status and available digital banking services.
Loan-Deposit Rate Gap Squeezes Bank Margins, RBI Told
PSU bank chiefs warn RBI of a 70-bps margin squeeze as loans reprice instantly with repo rate cuts, but deposit rates lag. Key asymmetry threatens profitability.
Bokaro DC Criticises Banks Over Failed Scheme Targets
Bokaro Deputy Commissioner Ajay Nath Jha reprimands banks for failing to meet targets in key government welfare schemes. Show-cause notices issued for non-performance. Read more.
No Merger Plans for Public Sector Banks, Says Govt
The government has ruled out any plans to restructure or merge public sector banks. Get details on FDI limits, IDBI Bank disinvestment, and RRB performance.
Sitharaman: Use AI for Effective Global Tax Info Exchange
Finance Minister Nirmala Sitharaman calls for using AI to improve global tax information exchange amid digitalisation. Read her key address at the Global Forum.
No PSB merger plans now, IDBI Bank sale in due diligence
Finance Ministry tells Lok Sabha no PSB merger proposals are under consideration. IDBI Bank strategic sale advances to due diligence stage by shortlisted bidders. Details inside.
15 Fugitives Owe ₹58,082 Crore to Banks: Govt
Indian govt names 15 Fugitive Economic Offenders, including Vijay Mallya & Nirav Modi, owing ₹58,082 crore to PSBs. Details on recovery & list inside.
Bank Holidays: Nagaland & Arunachal Closed Today
Banks in Nagaland and Arunachal Pradesh remain closed today for State Inauguration Day and Indigenous Faith Day. Check December 2023 holiday calendar and plan your banking activities accordingly.
UAE Waives AED 475M Debt for 1,435 Citizens
The UAE government has waived over AED 475 million in debts for 1,435 Emiratis. This major financial relief initiative, announced ahead of National Day, aims to support citizens' well-being and family stability.
Canara Bank's AT-1 Bonds Return After Year Gap
Canara Bank's ₹3,500 crore AT-1 bond issue breaks year-long silence in perpetual bond market, paving way for other state-run banks to follow with capital raises.
Indian Bank Delivers 601% Returns Over 10 Years
Indian Bank's remarkable turnaround from NPA crisis delivers 601% returns in a decade, outpacing Sensex. Discover how reforms and digital transformation fueled this multibagger performance.
Bank Chiefs to Monitor Top NCLT Cases Personally
Public sector bank CEOs must personally oversee top 20 pending NCLT cases and 10 resolution accounts. DFS Secretary Nagaraju urges swift action for better recoveries through IBC ecosystem.
US Relaxes Bank Capital Requirements for Wall Street
US regulators ease capital rules for major banks, freeing $219B for subsidiaries. Fed officials divided on move affecting Treasury market stability. Read analysis.
India's Retail Credit Growth Strong in Q2 FY26
India's retail credit momentum remains robust with gold loans growing 35.8% YoY and large-ticket personal loans dominating. PSU banks gain market share as festive season boosts lending.
PSU Bank Stocks Surge 30% in 2025, SBI at All-Time High
Public sector banks stage strong comeback with Nifty PSU Bank index surging 1.8%. Indian Bank leads with 65% returns as SBI crosses ₹9 lakh crore market cap. Discover the driving factors behind this impressive rally.
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