India
SMBC to transform India branches into subsidiary after conditional RBI nod
SMBC to transform India branches into subsidiary after conditional RBI nod
The Japanese megabank will transform its local presence into a centralised corporate structure.
3 days ago
India's Canara Bank enables UPI payments on ai1Pe app
Canara Bank now has access to the latest UPI functions and updates.
3 days ago
ICICI profit slips as provisions more than double in Q3 2026
The bank had to make a $143m for regulatory compliance related to agri loans.
3 days ago
Indian banks hit decade-high returns but profit set to soften
Some of the more recent reforms are untested through a down-cycle, said Fitch.
Indian banks set to benefit from tighter oversight in 2026
The RBI’s multiple reforms over the next year will allow banks to provision more effectively.
MUFG invests $4.3b in India’s Shriram Finance
MUFG is subscribing to a preferential allotment of 20% equity shares in the NBFC.
Axis Bank debuts industry-first SMS Shield feature
The Safety Centre also allows customers switch off or restrict specific digital banking functions.
India credit card spending grows 11.5% in November on e-commerce
The number of outstanding credit cards rose to 11.5 crore in November 2025, up from 10.7 crore a year earlier.
Citi, CredAble partner for digitalised invoices, trade finance controls
The platform can validate invoices by verifying over critical fields such as values, dates, amongst others.
Canara HSBC Life partners Equitas SFB for bancassurance
The bank has a network of 994 branches and 365 ATMs.
Mizuho expands further into India with planned Avendus acquisition
Avendus will become a subsidiary of Mizuho Securities.
India’s Bitget Wallet integrates Tether marketplace in its platform
It promises competitive rates.
Indian banks’ profits to soften in 2026 despite improved credit costs
Authorities' measures to boost consumption and investment will sustain revenues.
India’s digital public infrastructure gains traction in Global South
The model uses public digital rails to help governments deliver services at scale.
India’s digital NBFCs poised for strong loan growth through 2030
Rising digital adoption and a supportive regulatory framework will push growth.
India’s bank lending expands as GST cuts spur credit growth
As of 3 October 2025, total bank credit rose 11.4% year-on-year.
How India’s credit card spending rose 14% in August
CareEdge expects spending to pick up from September.
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The future of Asian banking isn’t ‘AI-first’ – it’s ‘fearless-first’