Industry Growth Exceeds Services After Four Quarters
India's industrial sector surpasses services growth for first time in four quarters, driven by infrastructure and manufacturing. ICRA reveals shifting economic drivers.
India's industrial sector surpasses services growth for first time in four quarters, driven by infrastructure and manufacturing. ICRA reveals shifting economic drivers.
State Bank of India becomes first PSU bank to hit ₹9 trillion market capitalization. Stock trades flat after reaching lifetime high of ₹976.80. Analysts divided on near-term prospects.
Christopher Wood of Jefferies warns Indian equities have become a 'relative-return disaster' in 2025, underperforming EM index by 27 percentage points. Discover key risks and the real estate bright spot.
Shares of Central Bank, UCO Bank, Punjab & Sind Bank jumped up to 4% as Finance Ministry drafts consolidation roadmap for public sector banks. Expected announcement in April-May.
SBI Chairman Dinesh Khara supports further bank consolidation in India, citing improved efficiency and stronger balance sheets. Learn how this could reshape banking.
World Bank-IMF report reveals critical regulatory gaps in India's financial sector, highlighting limited RBI powers and differential treatment of public vs private institutions.
Public sector banks reported robust ₹93,675 crore net profit in H1 FY26 with NPA ratio falling to 2.30%. Finance ministry reviews digital transformation and government schemes progress.
Finance Ministry urges public sector banks to increase credit flow to MSMEs and agriculture while maintaining strong risk management and digital expansion. Key initiatives reviewed.
Federal Reserve Governor Michael Barr urges clear AI regulations to prevent financial risks while balancing innovation. Learn about the potential impacts on markets and jobs.
India aims to create global banking giants, but experts warn size alone doesn't ensure better outcomes. Learn why commercial logic should drive mergers, not policy mandates.
Union Home Minister Amit Shah announces cooperative banks for all cities with 2+ lakh population. Plan aims to strengthen financial inclusion & cooperative sector. Read details.
National Urban Cooperative Finance Corporation plans to apply for Self-Regulatory Organisation status from RBI by early January after crossing ₹300 crore capital threshold, enabling new financial services for cooperative banks.
India unveils comprehensive AI governance guidelines emphasizing risk management within existing laws. The framework promotes innovation while ensuring safety through sector-specific approaches and content authentication.
RBI's new current account restrictions for large borrowers create division between private and public sector banks. Private banks fear losing cheap funds while PSBs stand to gain. Read full analysis.
Exclusive insights from RBI's Malhotra on the careful balance between caution and courage that led to relaxed infrastructure lending norms for banks. Discover how this strategic shift impacts India's economic growth.
Polaris Smart Metering is transforming India's power sector with 10 million smart meters deployment nationwide. Discover how they're doubling market share and revolutionizing energy management.
Finance Minister Nirmala Sitharaman pushes for banking sector transformation, emphasizing India's need for multiple large, world-class banks to support its expanding economy and compete globally.
Finance Minister Nirmala Sitharaman announces transformative banking reforms, AI regulation framework, and GST simplification to fuel India's economic growth at SBI Conclave.
Exclusive: Indian government plans to maintain 26% cap on voting rights for major bank shareholders, ensuring regulatory control while balancing foreign investment interests in banking sector reforms.
Finance Minister Nirmala Sitharaman announces strategic discussions with RBI and banks to create large-scale, globally competitive Indian banking institutions that can drive economic growth.
Indian banking unions strongly oppose FM Nirmala Sitharaman's privatisation remarks, demand strengthening of public sector banks instead. Latest updates on the banking sector debate.
Discover how India's $245 billion IT industry is navigating AI uncertainties by strengthening relationships with top global clients while maintaining steady revenue growth.
India's public sector banks achieve historic quarterly profits with 9% growth, driven by reduced bad loans and improved interest income. Discover how state-owned lenders are transforming their financial landscape.
Shocking investigation reveals Bengaluru pharmacies continue to sell inaccurately labeled Oral Rehydration Solution, putting children's health in danger despite regulatory warnings.
George Banks, the perpetrator of one of Pennsylvania's deadliest mass shootings in 1982 that claimed 13 lives including his own children, has died in prison at age 83. Explore the haunting details of the Wilkes-Barre massacre that continues to echo throug
SEBI Chairperson Tuhin Kanta Pandey delivers strong message to stockbrokers, emphasizing zero tolerance for misconduct and the critical need for investor protection in India's growing markets.
Despite recent profitability, Indian banks confront sustained pressure on net interest margins as deposit costs rise and credit growth slows. Experts warn the worst may not be over yet.
Indian banks are offloading government securities worth billions to address worsening liquidity conditions and meet surging credit demand as deposit growth lags significantly behind.
Indian banking unions unite against proposed consolidation of Union Bank, Indian Overseas Bank, and other public sector banks, citing job security and service quality concerns.
Bank of Baroda, Bank of India lead PSU bank rally amid government's consolidation push. Investors cheer potential merger of smaller state-owned lenders as stocks hit new highs.