Banking
IndusInd Bank expects 15–20% growth in its FY27 microfinance portfolio as disbursements recover, risk indicators improve and management turns positive
Crisil expects small finance banks’ gross NPAs to fall about 120 basis points to 2.6–2.8% by March 2027 as microfinance stress eases.
Russia’s Sberbank is expanding in India with a New Delhi trade hub, wider banking presence and a planned $100 million investment programme.
Indian banks cut long-term FCNR(B) deposit rates by up to 310 basis points after the RBI-backed special fundraising window ended on August 31.
SBI and SBI Capital Markets plan to sell up to 1% of NSE through its proposed IPO as the exchange prepares a nearly ₹30,000 crore offer-for-sale.
HDFC Bank shares fall to a 30-month low as investors assess Sashidhar Jagdishan’s October exit, succession risks and governance concerns.
DBS Bank India plans selective retail-lending expansion focused on gold loans and property-backed credit as CEO Rajat Verma targets disciplined growth.
Banks and NBFCs are reviewing fintech contracts as RBI data-governance expectations and India’s DPDP framework increase accountability for customer data.
Smaller PSBs may partner larger state-owned lenders on co-branded credit cards, digital onboarding and data-led expansion across India’s growing card market.
SBI expects its home-loan portfolio to cross ₹10 trillion this quarter, reinforcing its leadership as housing-credit demand remains strong across India.
Indian banks raise more than $10 billion through dollar bonds after RBI’s concessional swap window lowers funding costs and boosts offshore borrowing.
Axis Bank aims to grow credit 300 basis points faster than the industry in FY27, driven by data centres, renewables, manufacturing and gold loans.
Bank unions call a nationwide strike on September 11 over five-day banking, PLI differences and unresolved pension demands, risking service disruption.
Indian Overseas Bank closes applications on August 24 for 250 Local Bank Officer posts as the lender expands frontline staffing across key states.
Fairfax emerges as the leading contender for IDBI Bank as India considers giving the Canadian group two years to consolidate its banking holdings.
