Anshika Kayastha

Mumbai, Aug. 8 -- State Bank of India (SBI) has mobilised about $6 billion in deposits under the Reserve Bank of India's special foreign currency

India's banking system net interest margin was at 3.21% in June 2026, as against 3.26% a year ago, as per data by the central bank.

Mumbai, Aug. 9 -- While lauding the robust health of India's banking system, Reserve Bank of India Governor Sanjay Malhotra had last week flagged

Banks attribute the strong growth momentum in corporate loans to a pick-up in demand from sectors such as renewables, power and data centres.

For many global banks, India offers a juicy retail market, and buying into existing non-banks offers a quick entry without exposing themselves to direct lending operations.

Non-bank lender Sammaan Capital on Tuesday clarified it was a “victim” and not an accused in the alleged financial irregularities involving its

Navi Finserv plans to explore segments such as merchant financing and loans against mutual funds, says MD and CEO Abhishek Dwivedi.

The RBI deputy governor called on banks to fix retail forex pricing, boost participation among smaller firms, and embrace digital workflows while managing risks in an integrated market.

HomeFirst Finance is extending its ESG push to individual homes, co-developing green certification standards with IFC and onboarding over 600 such homes to attract sustainable capital.

Earlier on Tuesday, a CNBC-TV18 report citing sources said Federal Bank and Jana SFB are in ‘advanced stages' of a deal for the private bank to acquire a majority stake in the small finance bank.