Sector / Industry News › Sub-category
Banking & NBFC
14 articles
Banking sector developments highlight a mixed picture of growth and potential disruption. Credit growth continues to accelerate, with non-food bank credit expanding 19.1% year-over-year in July, driven by robust corporate and services lending. However, the sector faces headwinds from potential operational disruptions due to planned three-day bank strikes, prompting the government to appeal for deferral and directing banks to maintain normal operations. Furthermore, ICICI Bank's annual report reveals a decrease in foreign ownership, while AU Small Finance Bank is aggressively pursuing growth through technology and deposit mobilization, signaling a continued shift towards digital banking and a focus on sustainable expansion.
Indian Overseas Bank ₹3,165 Crore Debt Outstanding
Indian Overseas Bank discloses outstanding debt securities totaling ₹3,165 crore as of September 30, 2026.
The disclosure includes four debt instruments with maturities ranging from 2029 to 2036 and c
Equitas SFB Q2 FY27 Advances Grow 29.58% YoY
Equitas SFB reports provisional Q2 FY27 business update with gross advances growth of 29.58% YoY to ₹50,694 crore.
Total deposits increased 19.03% YoY to ₹52,483 crore, while CASA ratio improved to 26
ESAF Small Finance Bank ESG Score Upgraded to 77.6
ESAF Small Finance Bank's ESG score upgraded from 75.4 to 77.6 by CareEdge ESG Ratings, retaining CareEdge-ESG 1 rating.
Upgrade reflects leadership in ESG risk management, workforce diversity, financ
Indian Bank Revises TBLR Rates 5-25 bps
Indian Bank's ALCO revised Treasury Bills Linked Lending Rates (TBLR) upwards by 5 to 25 basis points across tenors.
The revised TBLR rates range from 5.30% to 5.95% and become effective from October
Dhanlaxmi Bank H1 FY27 Business Growth Update
Dhanlaxmi Bank reports 21.08% YoY growth in total business to ₹36,500 crore for H1 FY27.
Gold loan portfolio surges 53.43% YoY to ₹6,823 crore, while MSME advances grow 35.90%.
Provisional figures sho
Capital SFB Q2 Advances Grow 23.4% YoY
Capital Small Finance Bank reports provisional Q2 FY2027 business highlights with gross advances reaching ₹9,755 crore.
Gross NPAs improved to 2.36% from 2.47% last quarter, reflecting better asset qu
RBI August 2026 Credit Growth 18.8% YoY
Non-food bank credit rose 18.8% YoY in August 2026, up from 10.2% a year earlier.
Agriculture credit grew 17.2% YoY, while industry credit expanded 18.2% YoY, both outpacing last year’s 7.6% and 7.0%
India-UAE Joint Task Force Reviews $11.5B Investment Projects
14th India-UAE High Level Joint Task Force meeting reviewed bilateral trade reaching $101.25 billion in FY25-26 and progress on CEPA implementation.
Noted $3B Emirates NBD acquisition of RBL Bank stak
RBI Weekly Bulletin: Reserves at ₹7.34 Lakh Cr
RBI weekly statistical supplement dated 25 Sep 2026 reports total reserves of ₹7.34 lakh crore, down ₹1.17 lakh crore week‑on‑week.
State government loans rose to ₹19,427 crore, a fortnight increase o
ICICI Bank Files FY2026 Annual Report with 15.8% Loan Growth
ICICI Bank filed its Annual Securities Report with Japan's Kanto Finance Bureau on September 18, 2026, reporting ₹542.1 billion net profit and 15.8% loan growth.
Foreign ownership decreased to 50.3% w
NBFC Credit Grows 14.9% YoY in July
NBFCs' total credit expanded 14.9% YoY in July 2026, up from 10.6% growth a year earlier.
Agriculture and allied credit surged 18.0% YoY, markedly higher than the 5.4% increase recorded in July 2025.
Karur Vysya Bank Revises MCLR Rates Upward
Karur Vysya Bank announces revision in Marginal Cost of Funds Based Lending Rates effective 22nd August 2026.
MCLR rates increased across all tenors with overnight rate rising 15 bps to 9.00% and one-
Canara Bank Revises MCLR Rates Effective 12.08.2026
Canara Bank informs exchanges of a revision to its Marginal Cost of Funds Based Lending Rate (MCLR) effective from August 12, 2026.
The One Year MCLR increases by 5 basis points to 8.80% from the prev
UCO Bank ALCO Revises Select Benchmark Rates
UCO Bank's ALCO reviewed benchmark rates, keeping MCLR rates unchanged across all tenors.
Revised TBLR rates for 3-month and 12-month tenors and G-Sec linked rates effective from August 7, 2026.
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