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Public Sector Banks

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Banking, Fintech & Insurance 10 Nov 2026, 05:00 PM IST

PSBs Could Attract Up to Rs 30,000 Crore If Foreign Cap Rises to 49%

Public sector banks have told the government that lifting the foreign investment cap in state-run lenders to 49% from 20% could trigger passive inflows of Rs 30,000 crore or more, according to people familiar with the discussions. State Bank of India alone could see about Rs 20,000 crore in inflows if its MSCI India index weight rises, underscoring the scale of potential portfolio demand.

By RDU Global Wire5 min read
Banking, Fintech & Insurance08 Nov 2026, 08:00 AM IST

Banks See Geopolitical Risk as Bigger Drag Than Borrowing Costs, Survey Finds

Indian banks are increasingly more concerned about geopolitical tensions and supply-chain disruptions than about borrowing costs, according to a new survey that points to a cautious but still constructive outlook for industrial credit. Lenders expect industrial loan growth to exceed 9% in the coming months, with infrastructure and auto components emerging as the strongest demand pockets.

5 min readRead →
Banking, Fintech & Insurance07 Nov 2026, 08:00 AM IST

PSU Banks Cut Fresh Deposit Rates More Sharply Than Private Lenders in September, RBI Data Shows

Public sector banks reduced interest rates on fresh term deposits more aggressively than private lenders in September, according to Reserve Bank of India data, signalling continued pressure on funding costs across the banking system. At the same time, fresh rupee loan rates eased at state-run banks while private banks held lending rates steady, pushing the weighted average lending rate on new loans down to 8.51% from 8.61% in August.

5 min readRead →
Banking, Fintech & Insurance04 Nov 2026, 08:00 AM IST

PSU Banks Outpace Private Lenders on Margins as Funding Costs Bite

Public sector banks are emerging as the clearer winners on net interest margins this quarter, even as private lenders continue to post profit growth and expand loan books. The divergence reflects a tougher funding environment for private banks, rising foreign currency deposit costs, and a shift in loan growth toward corporate advances over retail lending.

4 min readRead →
Banking, Fintech & Insurance30 Oct 2026, 05:00 PM IST

PSU Banks Outpace Private Lenders on Margins as Funding Costs Bite

India’s banking sector is showing a sharper-than-expected split in the second quarter, with public sector banks posting stronger net interest margin expansion than many private peers. Private banks, however, continue to deliver profit growth and loan expansion, even as higher funding costs and foreign currency deposit pressures weigh on profitability.

4 min readRead →
Banking, Fintech & Insurance29 Oct 2026, 08:00 PM IST

Public Sector Banks Accelerate AI and Cyber Defences Under EASE₹ise 8.0

India’s public sector banks are stepping up artificial intelligence adoption and cyber resilience measures as part of the EASE₹ise 8.0 reform agenda, according to the latest annual report. The push is aimed at improving customer service, widening financial inclusion and hardening state-run lenders against rising digital and operational risks. The report also highlights work on climate-risk frameworks and accessibility upgrades for underserved groups.

5 min readRead →
Banking, Fintech & Insurance29 Oct 2026, 08:00 AM IST

Public Sector Banks Accelerate AI, Cyber Defences Under EASE₹ise 8.0

India’s public sector banks are stepping up the adoption of artificial intelligence and strengthening cyber resilience as part of the EASE₹ise 8.0 reform agenda, according to the latest annual report. The push reflects a broader effort to modernise legacy banking systems, improve customer service, widen financial inclusion and prepare for emerging risks ranging from cyberattacks to climate stress.

5 min readRead →
Banking, Fintech & Insurance22 Oct 2026, 02:00 PM IST

Public Sector Banks Accelerate AI and Cyber Defences Under EASE₹ise 8.0

India’s public sector banks are stepping up the use of artificial intelligence and strengthening cyber resilience as part of the EASE₹ise 8.0 reform agenda, according to the latest annual report. The push is aimed at improving customer service, widening financial inclusion, and modernising legacy banking systems while also building frameworks to assess climate-related risks and improve accessibility.

5 min readRead →
Banking, Fintech & Insurance16 Oct 2026, 11:52 AM IST

Private Banks Outpace PSU Peers in Deposit Mobilisation as Q2 Loan Growth Stays Broad-Based

Private sector banks continued to pull ahead of state-run lenders in deposit mobilisation during the second quarter, underscoring their stronger franchise strength and pricing flexibility in a competitive funding environment. On the lending side, both bank groups posted healthy year-on-year advances growth, but private banks again showed a wider growth band, signalling sharper balance-sheet expansion and stronger traction in retail and commercial credit.

5 min readRead →
Banking, Fintech & Insurance16 Oct 2026, 04:00 AM IST

RBI Data Shows Shift in India’s Overnight Money Market as Banks Rebalance Repo Exposure

New Reserve Bank of India data points to a notable reshuffling in the country’s collateralised overnight money market during the first half of fiscal 2026-27. Private sector banks reduced their share in the tri-party repo market, while public sector banks expanded their footprint, with mutual funds continuing to command a strong presence in the segment.

5 min readRead →
Banking, Fintech & Insurance16 Oct 2026, 02:18 AM IST

RBI Data Shows Shift in India’s Overnight Money Market as Banks Rebalance Repo Exposure

New Reserve Bank of India data points to a notable reordering in the country’s collateralised overnight money market during the first half of fiscal 2026-27. Private sector banks reduced their share in the tri-party repo market, while public sector banks expanded their position, even as mutual funds remained a major source of liquidity in the segment.

5 min readRead →
Banking, Fintech & Insurance15 Oct 2026, 11:14 AM IST

RBI Data Shows Shift in India’s Overnight Money Market as PSU Banks Gain Ground

New Reserve Bank of India data points to a notable rebalancing in the country’s collateralised overnight money market in the first half of fiscal 2026-27. Private sector banks saw their share in the tri-party repo market ease, while public sector banks expanded their presence and mutual funds continued to hold a strong position.

5 min readRead →
Banking, Fintech & Insurance15 Oct 2026, 10:32 AM IST

RBI Data Shows Shift in India’s Overnight Money Market as Public Banks Gain Ground

Fresh Reserve Bank of India data points to a notable reshaping of the country’s collateralised overnight money market in the first half of fiscal 2026-27. Private sector banks saw their share in the tri-party repo market ease, while public sector banks expanded their footprint, with mutual funds continuing to hold a strong position in the segment.

5 min readRead →
Banking, Fintech & Insurance15 Oct 2026, 05:04 AM IST

Private Banks Outpace PSU Peers in Q2 Deposit Mobilisation as Loan Growth Stays Broadly Strong

Private sector banks continued to pull ahead of state-run lenders in deposit mobilisation during the second quarter, underscoring their stronger franchise momentum and sharper liability management. On the lending side, both bank groups posted healthy year-on-year advances growth, but private banks again showed a wider growth band, signalling more aggressive balance-sheet expansion.

5 min readRead →
Banking, Fintech & Insurance14 Oct 2026, 09:55 PM IST

Rising Bond Yields Set to Cut Banks’ Treasury Income Nearly 60% in Q2

Indian banks are likely to report a steep decline in treasury income for the July-September quarter as rising government bond yields erode mark-to-market gains on investment portfolios. Analysts expect treasury gains to fall to about ₹5,500 crore from ₹13,100 crore a year earlier, with public sector lenders facing the sharpest pressure because of their larger holdings of government securities.

5 min readRead →
Banking, Fintech & Insurance07 Oct 2026, 12:20 PM IST

Private Banks Outpace PSU Peers in Deposit Mobilisation as Q2 Loan Growth Also Stays Strong

Private sector banks widened their lead over state-run lenders in deposit mobilisation in the September quarter, underscoring their stronger franchise traction and funding agility. The gap was mirrored on the lending side as private banks posted faster year-on-year advances growth than public sector peers, reinforcing a broader shift in competitive momentum within Indian banking.

5 min readRead →
Banking, Fintech & Insurance07 Oct 2026, 10:50 AM IST

Banks Urge Customers to Finish Essential Transactions Ahead of Three-Day Strike

Public sector banks and older private lenders have advised customers to complete urgent transactions before a three-day nationwide strike called from September 28 by the United Forum of Bank Unions. The government has already directed public sector banks to remain open on Sunday to reduce disruption and help customers access critical services before the work stoppage begins.

5 min readRead →
Banking, Fintech & Insurance07 Oct 2026, 04:10 AM IST

Banks Urge Customers to Finish Essential Transactions Before 3-Day Strike

Public sector banks and older private lenders have advised customers to complete urgent transactions ahead of a three-day nationwide strike beginning September 28, as unions prepare industrial action under the United Forum of Bank Unions. The government has already directed public sector banks to remain open on Sunday to reduce disruption and help customers access essential services before the shutdown period.

5 min readRead →
Banking, Fintech & Insurance06 Oct 2026, 04:59 PM IST

Banks Urge Customers to Finish Critical Transactions Before Three-Day Strike

Public sector banks and older private lenders have advised customers to complete essential transactions ahead of a three-day nationwide strike beginning September 28, warning that branch services may be disrupted if the protest goes ahead as planned. The government has already directed public sector banks to remain open on Sunday to reduce inconvenience and help customers clear urgent payments, cash withdrawals, and other time-sensitive banking needs.

4 min readRead →
Banking, Fintech & Insurance06 Oct 2026, 06:18 AM IST

Banks Urge Customers to Finish Critical Transactions Before Three-Day Strike

Public sector banks and older private lenders have advised customers to complete essential transactions ahead of a three-day nationwide strike called from September 28 by the United Forum of Bank Unions. The government has already directed public sector banks to remain open on Sunday to help reduce disruption and ensure continuity of basic banking services.

5 min readRead →
Banking, Fintech & Insurance05 Oct 2026, 10:20 PM IST

Private Banks Outpace PSU Peers in Deposit Mobilisation as Q2 Loan Growth Holds Firm

Private sector banks widened their lead over state-run lenders in deposit mobilisation during the second quarter, underscoring their stronger franchise pull in a competitive funding environment. On the lending side, both segments posted healthy year-on-year advances growth, but private banks again showed a broader and faster range of expansion than public sector peers.

5 min readRead →
National Governance & Policy04 Oct 2026, 02:39 PM IST

ECI to Launch Special Drive to Enrol Left-Out Electors in Villupuram

The Election Commission of India will conduct a special enrolment drive in Villupuram to bring left-out voters into the electoral roll, according to District Election Officer and Collector Sheik Abdul Rahman. The initiative comes with a procedural clarification: the Declaration Form attached to Form 6 will be used only during the Special Summary Revision phase, while other periods will follow the Registration of Electors Rules, 1960.

5 min readRead →
India Sports & Cricket04 Oct 2026, 02:39 PM IST

Naman Dhir backs simple plan in Guwahati as India weigh balance for West Indies ODI decider

India all-rounder Naman Dhir has framed his approach in the third ODI against the West Indies as a matter of discipline rather than invention, after a difficult high-scoring contest in Guwahati. Although he has not yet had an opportunity to bat in the first two matches, his six-over spell in the previous game offered a useful glimpse of his role in India’s broader tactical setup.

6 min readRead →
Banking, Fintech & Insurance04 Oct 2026, 12:52 PM IST

Banks Urge Customers to Finish Critical Transactions Before Three-Day Strike

Public sector banks and older private lenders have advised customers to complete essential transactions ahead of a three-day nationwide strike called from September 28 by the United Forum of Bank Unions. The government has already directed public sector banks to remain open on Sunday to reduce disruption and help customers access urgent services before the work stoppage.

5 min readRead →
Banking, Fintech & Insurance04 Oct 2026, 06:34 AM IST

Bank Deposit Rates Ease in August Even as New Lending Costs Rise

Indian banks cut the weighted average rate on fresh rupee term deposits to 5.67% in August, while the average rate on new loans rose to 8.61%, underscoring a widening divergence in funding and lending dynamics. The trend was visible across both public sector and private banks, with personal loans showing the sharpest upward pressure on borrowing costs.

5 min readRead →
India Entertainment & CultureJust now (06:06 PM IST)

Peter Lee’s Textile Lens Reveals How Trade Made Indian Culture

Singaporean collector Peter Lee is drawing fresh attention to Indian textiles, arguing that fabrics such as checks and chintz are not merely decorative objects but records of movement, exchange and adaptation across port cities. His reflections place cloth at the centre of a larger story about how trade routes shaped cultural identity across the Indian Ocean world.

5 min readRead →
Banking, Fintech & InsuranceJust now (03:00 PM IST)

Banks Urge Customers to Finish Key Transactions Before Three-Day Strike

Public sector banks and older private lenders have advised customers to complete essential transactions ahead of a three-day nationwide strike called from September 28 by the United Forum of Bank Unions. The government has already directed public sector banks to remain open on Sunday to help reduce disruption and ensure critical services continue before the work stoppage.

5 min readRead →
Startups & Venture CapitalJust now (11:33 AM IST)

SBI Mutual Fund Deepens Swiggy Bet With ₹300 Crore Open-Market Purchase

SBI Mutual Fund, through multiple schemes, has acquired an additional 1.18 crore equity shares of Swiggy in open-market transactions valued at about ₹300 crore. The purchase signals continued institutional confidence in the food-delivery and quick-commerce platform even as the startup sector remains under pressure to prove durable profitability.

5 min readRead →
Banking, Fintech & InsuranceJust now (10:52 AM IST)

Banks Urge Customers to Finish Essential Transactions Before 3-Day Strike

Public sector banks and older private lenders have advised customers to complete urgent transactions ahead of a three-day nationwide strike called from September 28 by the United Forum of Bank Unions. The government has already directed public sector banks to remain open on Sunday to reduce disruption and help customers access essential services before the work stoppage begins.

5 min readRead →
Banking, Fintech & InsuranceJust now (03:47 AM IST)

Bank Deposit Rates Fall in August Even as Fresh Lending Costs Rise

Indian banks cut the weighted average rate on fresh rupee term deposits to 5.67% in August, while the average interest rate on new loans rose to 8.61%, underscoring a widening divergence in funding and lending conditions. The trend was visible across public and private sector banks, with personal loans recording a notable increase in borrowing costs.

5 min readRead →
India Entertainment & CultureJust now (05:39 PM IST)

Krishna Takes the Stage in Hyderabad as Technology Recasts Mythological Theatre

As Rajadhiraaj Yatra arrives in Hyderabad with a retelling of Krishna’s story, the city is witnessing a broader shift in how mythological theatre is produced and experienced. Traditional practitioners and contemporary stage-makers are increasingly using advanced lighting, projection, sound design and digital effects to expand the visual language of devotional performance without abandoning its narrative roots.

5 min readRead →
Banking, Fintech & InsuranceJust now (01:09 PM IST)

NPCI Weighs 0.4% UPI Merchant Fee to Recover Up to ₹15,000 Crore a Year

The National Payments Corporation of India is considering a 0.4% merchant discount rate on UPI transactions, a move that could help recover roughly ₹13,000-15,000 crore in annual costs while leaving most consumer payments free. NPCI chief executive Dilip Asbe said the proposed charge would largely fall on large merchants already accepting credit cards, as the payments network seeks to revive investment after six years of zero MDR.

5 min readRead →
Banking, Fintech & InsuranceJust now (10:02 AM IST)

Bank Credit Growth Hits Eight-Quarter High, Deepening Funding Strain as Deposits Lag

Bank lending accelerated to a sixteen-month high, with credit growth reaching its strongest pace in eight quarters, according to the report. But deposit growth failed to keep up, widening the credit-deposit gap and intensifying funding pressure across the banking system, even as finance-sector lending, especially to NBFCs, powered the expansion.

5 min readRead →
Banking, Fintech & InsuranceJust now (09:19 AM IST)

Bank Deposit Rates Ease in August Even as Fresh Lending Costs Rise

Banks in India cut the weighted average rate on fresh rupee term deposits to 5.67% in August, while the average rate on new loans climbed to 8.61%, underscoring a widening divergence in funding and lending conditions. The move reflects softer pricing on deposits across both public and private lenders, even as borrowing costs rose in segments such as personal loans.

5 min readRead →
Banking, Fintech & InsuranceJust now (06:54 AM IST)

Banks Urge Customers to Finish Essential Transactions Before Three-Day Strike

Public sector banks and older private lenders have advised customers to complete urgent transactions ahead of a three-day nationwide strike called from September 28 by the United Forum of Bank Unions. The government has already directed public sector banks to remain open on Sunday to reduce disruption and help customers meet time-sensitive banking needs.

5 min readRead →
Banking, Fintech & InsuranceJust now (02:06 AM IST)

Public Sector Banks, Regional Rural Banks to Operate on September 27 as Government Seeks to Avert Disruption

The Finance Ministry has said all Public Sector Banks and Regional Rural Banks will remain open and operate normally on September 27, despite a proposed three-day nationwide bank strike by the United Forum of Bank Unions. The move is aimed at ensuring uninterrupted access to essential banking services for customers across India. The announcement signals the government’s intent to protect routine financial activity, including cash withdrawals, deposits, transfers and branch-based services, at a time when any disruption could affect households, small businesses and rural borrowers.

5 min readRead →
Banking, Fintech & InsuranceJust now (11:41 PM IST)

Banks Urge Customers to Finish Critical Transactions Before Three-Day Strike

Public sector banks and older private lenders have advised customers to complete essential transactions ahead of a three-day nationwide strike called from September 28 by the United Forum of Bank Unions. The government has already directed public sector banks to remain open on Sunday to help reduce disruption and ensure continuity in customer services.

5 min readRead →
Banking, Fintech & InsuranceJust now (06:53 PM IST)

Finance Ministry to Meet Bank Chiefs on Monday as Strike Threat Looms Over Banking Services

The Finance Ministry will meet senior executives of public sector and regional rural banks on Monday to assess contingency plans and ensure continuity of banking operations ahead of a three-day strike called for September 28. The move comes as unions press demands for a five-day banking week and updated pension benefits, raising the prospect of disruption across branches, cash services, and customer-facing operations for several days.

6 min readRead →
Automotive, EVs & MobilityJust now (02:43 PM IST)

Make in India Enters Deeper Manufacturing Phase as CII Flags Global Competitiveness Push

India’s manufacturing strategy is moving beyond capacity expansion toward stronger domestic supply chains, technology development and tighter integration with global markets, the Confederation of Indian Industry said as the Make in India initiative marks 12 years. The shift is especially significant for automotive, EV and mobility manufacturing, where competitiveness will increasingly depend on localisation, innovation and export readiness rather than scale alone.

5 min readRead →
Banking, Fintech & InsuranceJust now (01:56 AM IST)

Finance Ministry to Meet Bank Chiefs on Monday Ahead of Three-Day Strike

The Finance Ministry will meet heads of public sector and regional rural banks on Monday to assess contingency plans and ensure continuity of banking services ahead of a three-day strike called by the United Forum of Bank Unions. The proposed work stoppage, scheduled for September 28, is expected to disrupt customer-facing and back-end banking operations over a five-day window, including the surrounding weekend.

5 min readRead →
Automotive, EVs & MobilityJust now (01:14 AM IST)

Visa Showcases the Next Phase of Trusted Commerce and Payments at GFF26

Visa used its booth at #GFF26 to spotlight how digital payments are evolving from simple transactions into a broader trust layer for mobility, commerce, and connected services. The presentation underscored the company’s push to make payments more seamless, secure, and embedded across everyday experiences, including the fast-growing automotive and EV ecosystem in India.

5 min readRead →
Banking, Fintech & InsuranceJust now (12:31 AM IST)

Bank Credit Growth Hits 8-Quarter High as Deposit Lag Widens Funding Strain

Bank lending in India has accelerated to an eight-quarter high, driven largely by finance-sector demand and stronger credit off-take from non-bank lenders, even as deposit growth continues to trail. The mismatch has widened the credit-deposit gap, sharpening funding pressure on banks and underscoring the urgency of deposit mobilisation in a competitive savings market.

4 min readRead →
Startups & Venture CapitalJust now (03:31 PM IST)

ED Attaches Another ₹442.35 Crore in Gameskraft’s RummyCulture Money Laundering Probe

The Enforcement Directorate has provisionally attached movable and immovable assets worth about ₹442.35 crore in its money laundering investigation linked to Gameskraft’s RummyCulture platform. The latest action deepens regulatory pressure on India’s online gaming sector, where tax, compliance and legality questions have already triggered a sharp business and legal reset.

6 min readRead →
Banking, Fintech & InsuranceJust now (03:31 PM IST)

Banks Urge Customers to Finish Critical Transactions Before Three-Day Strike

Public sector banks and older private lenders have advised customers to complete essential transactions ahead of a three-day strike called from September 28 by the United Forum of Bank Unions. The government has already directed public sector banks to remain open on Sunday to reduce disruption and help customers access core services before the shutdown window begins.

5 min readRead →
Banking, Fintech & InsuranceJust now (02:09 PM IST)

Public Sector Banks, Regional Rural Banks to Open on September 27 Despite Strike Call

The Finance Ministry has said all Public Sector Banks and Regional Rural Banks will function normally on September 27, reassuring customers that routine banking services will remain available despite a proposed three-day nationwide strike by bank unions. The move is aimed at preventing disruption to payments, cash access and customer service at a time when households and businesses rely heavily on uninterrupted banking operations.

5 min readRead →
Banking, Fintech & InsuranceJust now (10:00 AM IST)

Finance Ministry to Meet Bank Chiefs as Strike Threat Looms Over Services

The Finance Ministry will meet public sector bank and regional rural bank chiefs on Monday to assess contingency plans ahead of a three-day nationwide strike called by the United Forum of Bank Unions for September 28. The stoppage is expected to disrupt banking operations for up to five days when weekends and the holiday-linked spillover are factored in, raising pressure on lenders and policymakers to protect customer services and payment continuity.

5 min readRead →
India Sports & CricketJust now (08:57 AM IST)

Batters Race for Quick Fixes as Spin Test Looms in India-A Series

India-A’s 1-0 lead in the two-match unofficial Test series has sharpened the focus on batting methods against spin, with players and coaches seeking rapid technical adjustments before the next contest. The challenge is not merely survival on turning surfaces, but finding a repeatable scoring plan that can hold up under sustained pressure from quality slow bowling.

6 min readRead →
Startups & Venture CapitalJust now (07:34 AM IST)

Tonbo Imaging Wins SEBI Approval for IPO as Defence Tech Listing Pipeline Deepens

Tonbo Imaging has received approval from the Securities and Exchange Board of India for an initial public offering that will consist entirely of an offer for sale of up to 18.09 million shares. The clearance marks a significant step for the defence electronics maker as it moves closer to becoming one of the more closely watched public-market debuts in India’s startup and venture capital ecosystem.

5 min readRead →
Banking, Fintech & InsuranceJust now (06:26 AM IST)

PB Fintech Sinks 42% in Four Sessions as IRDAI Reform Fears Erase Rs 37,000 Crore; Jefferies, Bernstein Still See Deep Upside

PB Fintech, the parent of Policybazaar and Paisabazaar, has lost about Rs 37,000 crore in market value over four trading sessions after the insurance regulator proposed reforms that could reshape distribution economics and curb dark patterns. The selloff has been severe, but brokerages remain divided on the damage: Jefferies has cut its target, while Bernstein has kept an Outperform rating and sees as much as 100% upside from current levels.

5 min readRead →

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