Category: Banking

SBI posted a consolidated net profit of ₹77,561 crores (approximately $9.2 billion) in FY 25. According to Bloomberg data, this places SBI among the world’s most profitable companies, alongside global giants such as Alphabet, Apple, NVIDIA and JPMorgan Chase. State Bank of India (SBI), the country’s largest public sector lender, has emerged as the most […]

Contributed by Shalinee Mimani, CRO of Godrej Capital While credit risk has been systematically identified, analysed, and managed throughout history, the focus on predicting customer behaviour, particularly that of NBFC customers, has emerged only in recent years. Modern techniques now utilise advanced technologies and extensive datasets. Artificial intelligence (AI) and Machine Learning algorithms analyse both […]

RBI is examining shareholding norms and licensing rules for banks, as part of a broader review, Governor, Sanjay Malhotra said. India’s central bank is examining shareholding norms and licensing rules for banks as part of a broader review, Governor Sanjay Malhotra told the Times of India in an interview, less than a month after Japanese […]

The Reserve Bank of India (RBI) is considering easing investment norms for regulated entities (REs) in alternative investment funds (AIFs), following earlier restrictions aimed at financial discipline. A draft proposal suggests capping a single RE’s contribution to an AIF scheme at 10% of its corpus, with a 15% ceiling for all RE investments in a […]

Sumitomo Mitsui Banking will either buy less than 26% in Yes Bank and do a merger through a share swap or buy up to 26% and launch an open offer. Apart from SBI, other Yes Bank shareholders include Axis Bank, Kotak Mahindra Bank and HDFC Bank. Japan’s Sumitomo Mitsui Banking Corp. (SMBC) has secured Reserve […]

Marking a decade of the scheme, Prime Minister Narendra Modi Tuesday said that more than Rs 33 lakh crores of collateral-free loans have been sanctioned under the Pradhan Mantri Mudra Yojana (PMMY) aimed at empowering individuals to showcase their entrepreneurial skills. He interacted with select beneficiaries at his residence in Delhi and said it has […]

New Banking System: The Reserve Bank of India (RBI) on Friday decided to launch a dedicated Internet domain ‘bank.in’ for Indian banks and ‘fin.in’ for non-bank financial institutions to curb cyber security threats. RBI announce new Bank Domain: RBI Governor, Sanjay Malhotra has announced the launch of a special ‘bank.in’ Internet domain for Indian banks to […]

In 2025, the Reserve Bank of India (RBI) implemented a series of robust guidelines to enhance the transparency and efficiency of CIBIL score management. These reforms aim to empower individuals by ensuring quicker updates, prompt notifications and improved accessibility to their credit history. By understanding these changes, borrowers can make well-informed financial choices and exercise […]

As we welcome the New Year, significant changes are on the horizon, including the RBI’s revised regulations for fixed deposits and modifications to the credit card offerings from certain issuers. Furthermore, this period typically prompts many employers to ask their employees for proof of tax-saving investments made during the financial year.  Starting January 1, 2025, […]

Credit scores play a crucial role in our financial lives, impacting loan approvals, interest rates, and even credit card limits. However, concerns are growing about the transparency of these scores and the methodologies used to calculate them. Recent cases highlight instances where individuals with clean repayment histories faced unexpected credit score drops or were denied […]