India

How India’s credit card spending rose 14% in August

CareEdge expects spending to pick up from September.
5 days ago

India’s retail payments now 99.8% digital: CareEdge

Cards and prepaid instruments are stable or in decline as UPI increases in popularity.

HDFC Bank noted for effective risk controls and employee well-being

It got its highest score on the social pillar of ESG, based on NSE’s report.

Citi’s India IPO pipeline ‘largest on record’

India’s overall IPOs are expected to hit between US$15b to US$20b through Q3 2026.

Why Indian banks are seen to absorb loan losses

S&P also said earnings are likely to moderate but remain above long-term averages. 

SMBC Group establishes offshoring hub in Chennai, India

The offshore hub will ensure stable systems development and operations, the bank said.

India’s consumer loan market to reach $1t in 2029

Increased disposable income is driving demand for housing, vehicles, and durables.

SMBC’s Bengalaru branch commences operations

Satoshi Onoe serves as head of the branch.

India’s central bank establishes regulatory review cell

It will ensure the systemic internal review of regulations every 5-7 years.

Weekly Global News Wrap: Yes Bank ex-CEO charged; US banks cut rates

And a software used by Aussie banks’ is being tested for a possible teen social media ban.

India’s Bank of Baroda teams up with SIDBI to back MSE sustainability

It is part of the bank’s efforts to foster a greener and more sustainable future.

India’s HDFC Bank invests in quantum-safe cybersecurity firm QNu Labs

QNu Labs was founded in 2016 and incubated at ITT Madras Research Park.

Indian banks benefit from infra spending, lower credit risks

Credit losses may rise in the next 12-24 months but still better than averages.

Indian banks face modest exposure to US tariff-hit sectors

They should be able to manage the credit costs and asset quality.

India’s credit demand remained strong in Jan-Mar

Fresh disbursals reached $182.61b during the period, according to Experian.