HSBC: PSU Banks to Outperform Credit Growth in Medium Term
A new HSBC report predicts that public sector banks in India will exceed the system-wide credit growth rate over the next few years, driven by strong fundamentals and improved performance.
A new HSBC report predicts that public sector banks in India will exceed the system-wide credit growth rate over the next few years, driven by strong fundamentals and improved performance.
Public and private banks in India will operate normally on Tuesday, January 13, 2026, despite Lohri celebrations in northern regions. The RBI confirms no bank holiday for this festival.
Chandigarh's State Transport Authority has digitized 21 key services, including registration & RC transfers, via the VAHAN portal, slashing daily office visits from 300 to just 30. Learn how this e-governance move boosts ease of doing business.
RBI data reveals PSU bank employees generated a median profit of ₹19.6 lakh in FY25, surpassing private banks. Discover the factors behind this productivity surge.
The Reserve Bank of India holds the 7th spot among the world's largest central banks by assets in 2025, as per BIS data. Discover the full top 10 list and key insights.
PFRDA approves banks as direct pension fund sponsors for NPS, aiming to widen access and increase competition. New fee structure and trustees also announced.
Commercial LPG cylinder prices hiked by Rs 111 on New Year's Day. Meanwhile, Piped Natural Gas (PNG) becomes cheaper in Delhi-NCR. Get the latest updates on fuel prices.
RBI's Financial Stability Report reveals Indian banks' gross NPAs could improve to 1.9% by March 2027 from 2.1% in Sept 2025. Stress tests show resilience even in adverse scenarios. Read the full analysis.
The Reserve Bank of India's Financial Stability Report projects sustained strong growth for the Indian economy and highlights the sound health of commercial banks. Read the full analysis.
RBI data shows a 30% surge in banking fraud amounts to Rs 21,515 crore in H1 FY26, even as the number of cases fell sharply. Public sector banks bore the brunt of the value. Read the full analysis.
Singapore's United Overseas Bank faces mounting losses from Hong Kong and China real estate loans, booking S$615 million in provisions. Its Greater China exposure under scrutiny as property markets deteriorate.
HSBC India CEO Hitendra Dave unveils ambitious plan to become a top-5 private bank, leveraging RBI approval for 20 new branches to target affluent customers and fast-growing cities.
Bokaro Deputy Commissioner Ajay Nath Jha reprimands banks for failing to meet targets in key government welfare schemes. Show-cause notices issued for non-performance. Read more.
The government has ruled out any plans to restructure or merge public sector banks. Get details on FDI limits, IDBI Bank disinvestment, and RRB performance.
Finance Ministry tells Lok Sabha no PSB merger proposals are under consideration. IDBI Bank strategic sale advances to due diligence stage by shortlisted bidders. Details inside.
Indian govt names 15 Fugitive Economic Offenders, including Vijay Mallya & Nirav Modi, owing ₹58,082 crore to PSBs. Details on recovery & list inside.
Banks in Nagaland and Arunachal Pradesh remain closed today for State Inauguration Day and Indigenous Faith Day. Check December 2023 holiday calendar and plan your banking activities accordingly.
The UAE government has waived over AED 475 million in debts for 1,435 Emiratis. This major financial relief initiative, announced ahead of National Day, aims to support citizens' well-being and family stability.
Canara Bank's ₹3,500 crore AT-1 bond issue breaks year-long silence in perpetual bond market, paving way for other state-run banks to follow with capital raises.
Indian Bank's remarkable turnaround from NPA crisis delivers 601% returns in a decade, outpacing Sensex. Discover how reforms and digital transformation fueled this multibagger performance.
Public sector bank CEOs must personally oversee top 20 pending NCLT cases and 10 resolution accounts. DFS Secretary Nagaraju urges swift action for better recoveries through IBC ecosystem.
US regulators ease capital rules for major banks, freeing $219B for subsidiaries. Fed officials divided on move affecting Treasury market stability. Read analysis.
India's retail credit momentum remains robust with gold loans growing 35.8% YoY and large-ticket personal loans dominating. PSU banks gain market share as festive season boosts lending.
Public sector banks stage strong comeback with Nifty PSU Bank index surging 1.8%. Indian Bank leads with 65% returns as SBI crosses ₹9 lakh crore market cap. Discover the driving factors behind this impressive rally.
UK lenders including Barclays and Lloyds surged 3% after reports Chancellor Rachel Reeves won't raise bank taxes in Wednesday's budget. Banks urged to endorse economic plans.
Banking services remain operational across India on November 25 as RBI hasn't declared holiday for Guru Tegh Bahadur Shahid Diwas. Check complete details and December holiday schedule.
Plan your banking in December 2025 with our comprehensive state-wise holiday list for Indian banks. Check dates now to avoid inconvenience!
India's Finance Ministry revamps CGAS with private banks, UPI payments & online account closure from April 2027. Learn how taxpayers can save capital gains tax with new digital facilities.
US banks reported 13% profit growth in Q3 2025 with FDIC insurance fund reaching $150.1 billion. Problem banks decreased to 57. Read the full analysis.
Singapore's DBS revises Malaysia banking entry strategy, lowering stake purchase in Alliance Bank from 49% to 30% after central bank resistance. Read the full analysis.