India
Manappuram banks on gold for growth but target "aggressive": CreditSights
Manappuram banks on gold for growth but target "aggressive": CreditSights
Gold lifted loans in both its parent firm and microfinance industry.
3 days ago
Citi names Raj Rathi as India chief of M&A business
Rathi served as head of strategy and corporate development for an India fantasy sports tech company.
4 days ago
HSBC Private Bank appoints Gautam Anand as Global India head
The cross-border private banking coverage consolidates under one leader across five hubs.
Indian banks’ outlook rests on reforms and underwriting gains
A prolonged Middle East tensions could pressure growth and margins, however.
HDFC and ICICI well-placed to against uncertain operating backdrops: report
The two banks will enter FY2027 in a position of strength, said CreditSights.
Natixis CIB opens branch in India’s GIFT City
It offers foreign currency denominated structured products and finance, amongst others.
Lower credit costs lift ICICI Bank profits to $1.46b in Q4
Net interest income grew 8%.
HDFC Bank profit rises 9% to $2.04b on treasury income gains
But fee income growth is slower than expected.
How can foreign ownership shape India’s financial institutions?
Capital access may improve but credit impact depends on risk discipline and governance.
Banks lag tech firms in driving credit card use
Delayed rewards and weak reminders leave cardholders disengaged.
MUFG completes $4.26b Shriram Finance investment
It now holds a 20% equity stake in SFL.
MUFG support may lower Shriram’s risky loans over time: report
It enhances Shriram’s access to capital and funding markets over time, said CreditSights.
Middle East conflict weigh on Indian banks’ margins and profits
Sector margins could decline to below FY2027 forecasts.
RBI bans non-deliverable INR derivatives
Authorised dealers may still offer deliverable FX derivative contracts.
HDFC Bank hires law firm to review ex-chairman’s resignation
Atanu Chakraborty cited “certain happenings and practices” in the bank as the reason for his resignation.
Bank of Baroda links digital overdraft accounts to UPI-enabled apps
Women members can link their SHG overdraft accounts to any UPI-enabled app.
How India digital lending targets $720b by 2030
India held about 82% of Android mobile loan apps worldwide.
Commentary
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance