Indian Bank, Bank of Maharashtra begin Q1 earnings season on a high
Banking sector ki earning season ki strong start hui. Indian Bank ka profit 10% YoY badhkar ₹3,272 crore ho gaya. Bank of Maharashtra ka profit 27% YoY badhkar ₹2,020 crore ho gaya. Results ke baad Indian Bank ka share ~10% upar gaya, aur Bank of Maharashtra ~3% upar. Indian Bank ki: Income aur loans (advances) […]
Bank credit growth hits two-year high of 18.6% in June-end fortnight
Bank lending increased 18.6%, the highest in 2 years. Banks gathered nearly ₹7 trillion in deposits, showing strong growth. In the last two weeks of June: ₹3.8 trillion loans issued and ₹6.97 trillion deposits added. This rise was driven by quarter-end pressure and foreign fund inflows. MSME lending improved due to the government’s ECLGS 5.0 […]
Bank credit growth seen moderating as corporates diversify funding
Bank loan growth is expected to slow down a bit. This is because big companies (corporates) are not depending only on banks anymore. They are raising money from other sources like bonds, stock market, or foreign funding. Companies ab sirf bank se loan nahi le rahi, dusre options use kar rahi hain, isliye banks ka […]
Star Health, SBI Life, Max Financial among insurers seen delivering strong FY27
India’s insurance companies are expected to earn more profit in the coming time. This is because more people are buying insurance policies and companies are managing costs better. Also, claims (payouts) are becoming more controlled, which helps profits.: Insurance companies ka profit badhne wala hai kyunki business grow ho raha hai aur expenses control mein […]
Bajaj Finance, Shriram Finance seen leading NBFC growth in Q1FY27
Bajaj Finance and Shriram Finance are expected to show the fastest growth among NBFCs in Q1 FY27.This is because they have strong loan demand, especially in retail (personal, consumer, vehicle loans).Their collections are stable and bad loans are under control, which supports profits. Yeh dono companies achha perform kar sakti hain kyunki log zyada loan […]
Banks set for strong earnings recover in FY27 on retail loan momentum, stable ma
Banks are expected to see strong profit growth in FY27. This growth will mainly come from higher demand for retail loans (like home, personal loans). Also, margins (earnings from lending) are likely to stay stable. Banks will earn more in FY27 because people are taking more loans, and their income from lending remains steady. economictimes […]
South Indian Bank says RBI approves Mahesh Muralidhar Pai’s appointment as MD, CEO
RBI has approved Mahesh Pai as the new MD & CEO for 3 years, starting from October 1, 2026. The bank’s board will discuss this on July 16, and then shareholders will give final approval. After this news, South Indian Bank’s share price fell sharply A new CEO has been approved, but investors reacted negatively, […]
Indian bond yields hit three-week high as oil surge revives inflation fears
When oil becomes expensive, inflation fears rise, so bond yields also go up. The 10-year government bond yield increased from 6.6958% to 6.7204%, which is the highest level since June 19. Remember: bond prices and yields move opposite (yield up = price down). Oil prices (Brent) rose to around $76 per barrel after the US […]
SBI seeks priority sector status for all infra loans to boost investment
SBI (State Bank of India) has suggested a change to increase investment in infrastructure (like roads, railways, power, etc.). It said infrastructure loans should be counted as priority sector loans, so banks can lend more easily Or, these loans should be excluded from ANBC calculation, so banks don’t feel pressure from current rules Right now, […]
Credit card penetration lags in India despite better asset quality
Credit card use in India is still quite low, even compared to other developing countries, according to TransUnion CIBIL. Only 52 million people in India have credit cards That is just 25% of the 250 million people who use any kind of credit Earlier, many new credit card users were first-time borrowers, but now that […]