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The currency chest at SBIs Bolangir main branch has space to stock cash of Rs 350 crore for its everyday banking transactions. (Representational Image: DC)

Union Bank’s Profit Up 10% On Lower Provisions, IOB’s Net Up 56%

The standalone net profit rose 9 per cent to Rs 5,017 crore.

15 Jan 2026 1:49 AM IST

On Friday, the rupee had gained 6 paise to end at 67.01 due to fag-end dollar selling by banks

Banks Eye Double-Digit Growth in Q3 FY26

Banks set for strong Q3 on back of GST cuts and consumption recovery

4 Jan 2026 8:57 PM IST

RBI Report Card Says Banks NPAs at Multi Decade Lows

RBI Report Card Says Banks NPAs at Multi Decade Lows

Net Profit of scheduled commercial banks increased during 2024-2025 albeit at a slower pace at 14.8 per cent year on...

29 Dec 2025 9:38 PM IST

Banks To Report Weak Q1FY26 Earnings

Banks To Report Weak Q1FY26 Earnings

Banks will see a sequential decline in net interest margin (NIM), a key profitability ratio as the impact of RBI’s 100...

14 July 2025 10:07 PM IST

Asset Quality of MFI, Vehicle & Small Business Loans Could Weaken: Moody’s Ratings

Asset Quality of MFI, Vehicle & Small Business Loans Could Weaken:...

Unsecured loans have grown rapidly in recent years amid fierce competition among lenders looking to capitalize on their...

3 Jun 2025 10:42 PM IST

Mixed Q4 Show for Banks: Private Lenders Shine on Margins

Mixed Q4 Show for Banks: Private Lenders Shine on Margins

The country’s largest lender State Bank of reported a 10 per cent year-on-year decline in standalone fourth quarter...

12 May 2025 2:23 PM IST

RBI Eases Loan Rules for Banks, Boosts NBFC Credit Flow

RBI Eases Loan Rules for Banks, Boosts NBFC Credit Flow

RBI lowers risk weights on microfinance loans and NBFC lending, improving capital ratios and supporting economic growth

25 Feb 2025 10:09 PM IST

Indian banking industry can weather stress in unsecured loans, says BCT Digital CEO

Indian banking industry can weather stress in unsecured loans, says...

After several years, the Indian banking industry has come under focus because of rising delinquencies in credit cards...

15 Jan 2025 6:11 PM IST

NBFCs are regulated as per the Companies Act, 1956. NBFCs are generally categorised into three types, namely loan companies, asset companies, and investment companies

NBFCs Face Funding Strains, Slower Growth Ahead

Mumbai: Non-banking financial companies (NBFCs) are likely to face funding challenges that could result in slower growth...

21 Aug 2024 10:23 PM IST